What will the monthly payment for the principal and interest

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Finance A bank offers a home mortgage for an annual interest rate of 8%. If a family decides to mortgage a $150,000 home over 30 years with this bank, what will the monthly payment for the principal and interest on their mortgage be?

Reference no: EM131352218

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What will the monthly payment for the principal and interest : Finance A bank offers a home mortgage for an annual interest rate of 8%. If a family decides to mortgage a $150,000 home over 30 years with this bank, what will the monthly payment for the principal and interest on their mortgage be?
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