Compute for each loan 1 2 WN 3 4 5 L.O 6 7 00 8...
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Compute for each loan 1 2 WN 3 4 5 сл L.O 6 7 00 8 9 Payment over term of loan Nominal Interest Rate Effective Interest Rate - held to term Effective Interest Rate - held through holding period Loan Balance at end of holding period Annual holding costs Equity Return on Sale Internal Rate of Return on equity (IRR) Gross Income Needed to Qualify for Loan Projected Price Appreciation over holding period (per year) Low high 3.00% 5.00% Potential Costs of Sale Inflation of holding Costs Real Estate Taxes Insurance Utilities Maintenance 7.00% 2.00% 1.75% 1.75% 1.75% Loans Offered Type Fixed Term 15. Rate 5.250% Amortization Monthly Points 1.651% Origination Fees $85 Index 0 Margin 0.00% Compute for each loan 1 2 WN 3 4 5 сл L.O 6 7 00 8 9 Payment over term of loan Nominal Interest Rate Effective Interest Rate - held to term Effective Interest Rate - held through holding period Loan Balance at end of holding period Annual holding costs Equity Return on Sale Internal Rate of Return on equity (IRR) Gross Income Needed to Qualify for Loan Projected Price Appreciation over holding period (per year) Low high 3.00% 5.00% Potential Costs of Sale Inflation of holding Costs Real Estate Taxes Insurance Utilities Maintenance 7.00% 2.00% 1.75% 1.75% 1.75% Loans Offered Type Fixed Term 15. Rate 5.250% Amortization Monthly Points 1.651% Origination Fees $85 Index 0 Margin 0.00%
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To compute the requested information for each loan we need to make some assumptions based on the sea... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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