Question: Part III: How much did Maya pay for her points? Part IV: What were Maya's total nonrecurring closing fees? Part V: Who had a larger

 Part III: How much did Maya pay for her points? Part

Part III: How much did Maya pay for her points? Part IV: What were Maya's total nonrecurring closing fees? Part V: Who had a larger amount of nonrecurring closing fees, Sebastian or Maya? 8. Charlotte is purchasing a $90,000 house with a 30-year fixed-rate mortgage that has an interest rate of 8.9%, and she will be making a down payment of $9000, or 10% of the purchase price, so her mortgage will be for $81,000. The house has been assessed at $88,000, and the property tax rate in Charlotte's the following table. area is 1.35%. Charlotte will make monthly PMI payments for the first two years of the mortgage based on Base:To Loan Fixed Rate Loan Arm 24% + 1 Year Con 30 yrs. 15 yrs. 30 yrs. 15 yrs. 95.01% to 97% 0.90% 0,79% n/a na 90,01% to 95% 0.78% 0.26% 0.92% 0.B1% 85.01% to 90% 0.52% 0.23% 0.65% 0.54% 85% and Under 0.32% 0,19% 0.37% 0.26% Charlotte wants to know how much she will pay in total per month for the first two years of the mortgage. Let's calculate the amount for Charlotte by answering the following questions. (4 points: Part I - 1 point; Part II - 1 point; Part III - 1 point; Part IV - 1 point)

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