Can I please get help with these questions ?

QUESTION 7 A borrower is offered a 30 year, fully amortizing ARM with an initial rate of 4%. After the first year, the interest rate will adjust each year, using 1 yr LIBOR as the index, plus a margin of 3%. The price of the property is $10,000,000 and the loan will have an initial LTV ratio of 50% At the first reset date. 1 year LIBOR Is at 2%. What is the borrower's payment during the 2nd year of the loan? QUESTION 8 You are considering to buy a $500.000 property with a 70% LTV ratio and have two mortgage choices: a FRM or a FRM with an 10 period. The lender offers the following two loans Loan 1: 30 year FRM, fully amortizing monthly payments, 4% interest Loan 2:30 year FRM with 5 year 10 period, fully amortizing monthly payments, 5% interest if I want to save on interest payments, I would choose Loan 2. True False QUESTION 9 You are considering to buy a $500,000 property with a 70% LTV ratio and have two mortgage choices a FRM or a FRM with an lo period. The lender offers the following two loans Loan 1:30 year FRM, fully amortizing monthly payments, 4% interest Loan 2:30 year FRM with year 10 period, fully amortizing monthly payments: 5interest if I want to minimize the payments in the first few years, I would choose Loan 2 True False You are considering to buy a $500,000 property with a 70% LTV ratio and have two mortgage choices: a FRM or a FRM with an lo period. The lender offers the following two loans. Loan 1:30 year FRM, fully amortizing monthly payments; 4% Interest Loan 2: 30 year FRM with 5 year o period, fully amortizing monthly payments, 5% interest If I'd like to pay off the loan sooner, I'd choose Loan 1. True False QUESTION 11 Order these loans from highest monthly payment to lowest monthly payment. Each of the following loans ls for 300,000 and is a fixed rate mortgage with a 3.5% interest rate Balloon payment of $500,000 is due at maturity Balloon payment of $250,000 is due at maturity Balloon payment of 100,000 is due at maturity Interest-only payments for the life of the loan The loan is fully repaid at maturity QUESTION 12 You can afford to pay up to $4.000 in payments every month for housing Which of the following mortgages would allow you to buy the most expensive property? (Assume you can afford the down payment in any of these scenarios.) A 30 yearfully amortizing FRM with 5% contract interest rate and 85% LTV A 25 year FRM with 3% contract interest rate and 90% LTV A 30 vear mortece with an interest only period of 5 years at a fixed contract rate 44 and 95% LTV