Question: ******PLEASE PROVIDE FINANCIAL CALCULATOR COMPUTATIONS.***** 5 year maturity, 20-year amortization, 7% fixed-rate commercial mortgage for $8M. What is the schedule monthly payment and balance due
******PLEASE PROVIDE FINANCIAL CALCULATOR COMPUTATIONS.***** 5 year maturity, 20-year amortization, 7% fixed-rate commercial mortgage for $8M. What is the schedule monthly payment and balance due at Maturity? What is the effective cost of borrowing with no points/fees? What is the cost of borrowing with origination fee of $60,000 paid at close? What is effective cost of borrowing if loan is retired after three years of payments and there is prepayment penalty equal to 2% of the outstanding balance? ******PLEASE PROVIDE FINANCIAL CALCULATOR COMPUTATIONS.***** THANK YOU
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