# Mortage hypo loan

The Jonáš family decided to buy an older apartment, which cost EUR 30,000. They found EUR 17,000 and took the loan with the bank for the remaining amount. What interest did they receive if they repay this amount for 15 years at EUR 120 per month?

### Correct answer:

Tips to related online calculators

Our percentage calculator will help you quickly calculate various typical tasks with percentages.

Do you have a linear equation or system of equations and looking for its solution? Or do you have a quadratic equation?

Do you want to convert time units like minutes to seconds?

Do you have a linear equation or system of equations and looking for its solution? Or do you have a quadratic equation?

Do you want to convert time units like minutes to seconds?

#### You need to know the following knowledge to solve this word math problem:

## Related math problems and questions:

- Repay, interest, loan

Ramchacha takes a loan amount of 240000 from a bank for constructing a house at the rate of simple interest of 12% per annum. After 1 yr. of taking the loan he rents the house at the rate of 5200 per month. Determine the number of years he would take to r - Present value

A bank loans a family $90,000 at 4.5% annual interest rate to purchase a house. The family agrees to pay the loan off by making monthly payments over a 15 year period. How much should the monthly payment be in order to pay off the debt in 15 years? - You take

You take out Php 20 000 loan at 5% interest rate. If the interest is compounded annually, a. Give an exponential model for the situation b. How much Will you owe after 10 years? - Annual pension

Calculate the amount of money generating an annual pension of EUR 1000, payable at the end of the year and for a period of 10 years, shall be inserted into the bank to account with an annual interest rate of 2% - Savings

The depositor regularly wants to invest the same amount of money in the financial institution at the beginning of the year and wants to save 10,000 euros at the end of the tenth year. What amount should he deposit if the annual interest rate for the annua - Compound interest

Compound interest: Clara deposited CZK 100,000 in the bank with an annual interest rate of 1.5%. Both money and interest remain deposited in the bank. How many CZK will be in the bank after 3 years? - Maturity value

IKEA Furniture’s can purchase furniture with 3 year simple interest loan at 8% interest per year. What is the maturity value of 3500 loan? - Mortgage

Family XY wants to take the bank mortgage (loan for an apartment/house) in the amount of € 100,000. Bank for processing the mortgage charges a fee of 0.79% of the amount borrowed. How many euros is this fee? - Loan

Apply for a $ 59000 loan, the loan repayment period is 8 years, the interest rate 7%. How much should I pay for every month (or every year if paid yearly). Example is for practise geometric progression and/or periodic payment for an annuity. - Annual interest

A loan of 10 000 euro is to be repaid in annual payments over 10 years. Assuming a fixed 10% annual interest rate compounded annually, calculate: (a) the amount of each annual repayment (b) the total interest paid. - Deposit

If you deposit 719 euros at the beginning of each year, how much money we have at 1.3% (compound) interest after 9 years? - Bank account CZ

We will deposit CZK 6,600 into the bank for 1 year with an interest rate of 2.5%. The interest tax is 15%. How many crowns will we receive after one year? - Compound interest 4

3600 dollars is placed in an account with an annual interest rate of 9%. How much will be in the account after 25 years, to the nearest cent? - Compound interest 3

After 8 years, what is the total amount of a compound interest investment of $25,000 at 3% interest, compounded quarterly? (interest is now dream - in the year 2019) - Shuyen

Shuyen wanted to save some money. She deposited Php.300 in a bank which pays 0.5% interest per annum. After nine months, she needed the money to buy some gifts. How much will she be able to get if he withdraws all her money from the bank? - Loan 4

Mr santos borrowed Php.18,000 at 1.5% interest for one year. What was the total amount he paid for the end of the 1-year term? - Twelve

Twelve students work on a week forestry brigade. One hundred spruces will receive x CZK, one hundred pine y CZK. How many receive each one students did in one day if they planted a total of 25,000 spruces per week and 30,000 pine trees? Express by express