Question: How do I answer these given the information below? Loan Amount? Loan to Value? Loan to Cost? Payment amount? Loan Balance at Maturity? Given Information:

  • How do I answer these given the information below?
  • Loan Amount?
  • Loan to Value?
  • Loan to Cost?
  • Payment amount?
  • Loan Balance at Maturity?

Given Information:

  • Property Cost: $1,000,000
  • Bank Policy on LTV: 80%
  • Bank Policy on LTC: 75%
  • Value of Property: $980,000
  • Interest Rate: WSJP + 1.25%
  • 6 month term of Interest Only
  • 72 month term P&I
  • Maturity: 78 months
  • Amortization 30-years

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