The loan180,000, 15 years, and the interest rate is 4.35, so how much do you need to pay back every month, and how much do you need to pay back altogether?
The monthly interest rate is 4.35%*0.85/ 12.
Monthly repayment amount180,000 15 (180 months):
180000 * 4.35%/ 12 * ( 1+4.35%/ 12) 180/[( 1+4.35%/ 12
Total repayment amount:1363.23 *180 = 245381.4.
Description: 180 is the power of 180.