1/15/20The median price of a home in Los Angeles County is $616,000 according to Zillow. Using the Google Mortgage Calculator after putting a 20% down payments for a home, find the down payment, total cost of the mortgage/loan, monthly payment, and total interest paid in the following scenarios:
a. 3.625% fixed interest rate, 15 yrs b. 3.652% fixed interest rate, 15 yrs c. 4.250% fixed interest rate, 30 yrs d. 4.475% fixed interest rate, 30 yrs Freakonomics Podcast
