Question: help please QUESTION 12 David is looking to buy a home for $1,000,000. The bank is offering him a 15-year fixed rate fully amortizing mortgage

help please

QUESTION 12 David is looking to buy a home for $1,000,000. The bank is offering him a 15-year fixed rate fully amortizing mortgage at a 4.00% interest rate with 75% LTV. If David accepts these conditions, what will be his total monthly mortgage payments? QUESTION 13 David is looking to buy a home for $1,000,000. The bank is offering him a 15 year fixed rate fully amortizing mortgage at a 4.00% interest rate with 75% LTV. I David accepts these conditions, what will be his remaining loan balance at the end of 5 years / at the beginning of the 6th year? QUESTION 14 David takes out a 15-year 5/1 Hybrid ARM for $600,000 with an initial interest rate of 3.5M. The interest rate will adjust according to the 1 y LIBOR rate, plus a margin of 3. At the first reset date, 1 yr LIBOR is at 1%. What will be his monthly payment be immediately after the first reset (State the payment as a positive number

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