Question: 4. What is the expected yield to a wraparound lender on a loan for $450,000 at 10% interest for 15 years that wraps around a
4. What is the expected yield to a wraparound lender on a loan for $450,000 at 10% interest for 15 years that wraps around a $375,000 loan (current balance) with 15 years remaining at 9% interest? Expected Yield Original Loan Balance Wraparound Loan Amount Original Loan Interest Rate Wraparound Loan Interest Rate Loan Term (years) Periods per Year Original loan payment Wraparound loan payment
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