Question: need help on question one and two QUESTION 1 A borrower takes out a 30-year adjustable rate mortgage loan for $250.000 with monthly payments. The
QUESTION 1 A borrower takes out a 30-year adjustable rate mortgage loan for $250.000 with monthly payments. The first two years of the loan have a teaser rate of 45matter that the race case with a 2 rate cap. On the reset the composite reis 55% What would the Year 3 monthly payment be? 051 267 51412 51.580 5555 Because of the race the payment would not change QUESTION 2 And for a fee 3350.000. Voof watu amortint 20 var mer puelcans with monthly payment ou mese.cu care se ata 35 of Terror your own payment of $50.000 you can inson with a threeve annars finterest of the cena 25.000 sweet and O 26.104 359 DO 1995 Type here to search
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