Question: DETAILS 14. (-/2.5 Points) MY BRECMBC9 14.1.002. Using this table as needed, calculate the required information for the mortgage. Amount Financed Interest Rate Term of

DETAILS 14. (-/2.5 Points) MY BRECMBC9 14.1.002. Using this table as needed, calculate the required information for the mortgage. Amount Financed Interest Rate Term of Loan (years) Number of $1,000 Financed Table Factor (in %) Monthly Payment (in $) Total Interest (in $) $88,500 8.00% $ 30 15. (-/2.5 Points) DETAILS BRECMBC9 14.11.002. M For the second mortgage application, calculate the percentage of appraised value and the potential credit (in s). Appraised Value Lender's Percentage of Percentage Appraised Value (in $) Balance of First Mortgage Potential Credit (in S) $127.500 70% $53,300

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