Question: Calculating Fees on a Loan Commitment (LG18-1) A loan commitment of $4.41 million with an up-front fee of 90 basis points and a back-end fee

Calculating Fees on a Loan Commitment (LG18-1)

A loan commitment of $4.41 million with an up-front fee of 90 basis points and a back-end fee of 45 basis points. The take-down on the loan is 60 percent.

Calculate the total fees you will pay on this loan commitment.

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