Question: $4,500,000 at 4.38%. How much does Ann need to pay per month? Nats N 360 4.3812 6. Ann is willing to spend $3,500 per month
$4,500,000 at 4.38%. How much does Ann need to pay per month? Nats N 360 4.3812 6. Ann is willing to spend $3,500 per month on her mortgage payment. If Ann obtains a fully amortizing 30 year Fixed Rate Mortgage with monthly payments at 4.38%, how big of a mortgage can she get? u o 1ots en 7. Ann obtains a fully amortizing 30 year Fixed Rate Mortgage with monthly payments for $4,500,000 at 4.38%. What will be Ann's mortgage balance after 20 years of payments (ie after 240 months)? 8. Ann obtains a fully amortizing 30 year Fixed Rate Mortgage with monthly payments for $4,500,000 at 4.38%, what percent of Ann's 20th payment goes to interest? 9. Ann obtains a fully amortizing 30 year Fixed Rate Mortgage with monthly payments for $4,500,000 at 4.38%, what percent of Ann's 20 payment goes to principal
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