Question: QUESTION 25 Suppose you have obtained a 64 30 yearfully amortiring PHA mortgage loan of $154.750.00 to finance the purchase of your primary widence. In
QUESTION 25 Suppose you have obtained a 64 30 yearfully amortiring PHA mortgage loan of $154.750.00 to finance the purchase of your primary widence. In so you must pay an additional mortgage Insurance premium (MI) of 1.10% of the first year average loan balance is 5151.775.25. determine the team insurance premiur payment. O $141.85 O $1,669.53 O $139.13 O $1,702,25 QUESTION 26 Borrower has a 30-year mortgage at 6% based on $700,000. The borrower makes all principal and interest payments as scheduled. What is the remaining balance at the end of year 7 (84 months)? O $702,178.83 5683.450.22 O $627,475.70 $416,000.00 QUESTION 27 A borrower takes out a 30 year mortgage loan for $250,000 with an interest rate of 5%. What would the monthly payment be? O $1,250.00 O $1,342.26 $8,882.34 O $1,041.67 MacBook
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