Question: QUESTION 9 Borrow $ 2 5 0 , 0 0 0 with a 3 0 year monthly payment fixed mortage at 5 % . Origination

QUESTION 9
Borrow $250,000 with a 30 year monthly payment fixed mortage at 5%. Origination fees total 3 points (3%).(questions 9-10)
What's the total doillar amount of the fee?
12,500
15,000
2,500
7.500
QUESTION 9 Borrow $250,000 with a 30 year monthly payment fixed

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

15 help asap Borrow $250,000 with a 30 year monthly payment fixed mortage at 5%. Origination fees total 3 points (3%). (questions 9-10) What's the total doillar amount of the fee? 12,500 15,000 2,500...

Q:

Borrow $250,000 with a 30 year monthly payment fixed mortage at 5%. Origination fees total 3 points (3%). (questions 9-10) What's the Effective Annual Rate of the loan when considering the fee? .438%...

Q:

My teacher edited my project with red comments and I am struggling with how to correct those mistakes within my project. The Goldsteins Risk Management and Insurance portfolio Table of Contents Page...

Q:

11E It II: _= we: eztomheducationcom Ch 8 Hw - AC63073 0 Saved Help Save a an Submit Check my work The company incurred the following actual costs when it operated at 75% of capacity in October....

Q:

Directions: Analyze the given lesson below. After that, solve and fill in the blanks what is missing. GEN MATH TERMINOLOGIES QUESTION? If you have P10,000 where will you invest 1. COMPOUND INTEREST (...

Q:

how to do that capsim comp-xm exam of 5 rounds this is first one anyone pleasehelp me with therounds I have to do for this assignment? CAPSIM Z compxm File Undo Decisions Proformas Inquirer Help...

Q:

Salaam sir, You have helped me previously with a tax return problem, and now I have another problem set that builds upon the previous problem. I am wondering if you can take a look at the attached...

Q:

I need help with this tax return problem. PLEASE, the correct tax return forms MUST be used, which can be found on irs.gov. I would need thorough work on this assignment. Thank you for the help!...

Q:

please redo the original project> see document for more details. This is not much work considering we'd work on it together before Costco Consolidated Statement of Income (amounts in Millions) ~ Page...

Q:

Please help! Need in the next 2 hours. For Accounting 503. Dashboard ACC 503 FA2016 V Week 11 Final Exam #3Submit for Grade Your password will expire on 12/14/2016 7:36:55 AM Fatjona Gjoka Please...

Q:

65. Perform each calculation to the correct number of sig- nificant figures. (a) (78.4 44.889) 0.0087 (b) (34.6784 x 5.38) + 445.56 (c) (78.7 x 10 88.529) + 356.99 (d) (892 986.7) + 5.44

Q:

Which of the following amino acid is optically inactive ? A) Alanine B) Glycine C) Valine D) Leucine

Q:

PLEASE HELP! Start with the partial model in the file Ch 1 0 P 2 5 Build a Model.xlsx on the textbook s website. Gardial Fisheries is considering two mutually exclusive investments. The projects...

Q:

Questions Q1. Write a Python program to retrieve the first and last colors from the following list: color_list = ["red", "green", "white", "blue", "black") Q2. Given the following dictionary,...

Q:

4-24. It is not our policy to exchange sale items, especially after they have been worn.

Q:

4-23. You claim that you mailed your cheque last Thursday but we have not received it.

Q:

4-15. To avoid damage to your credit rating, please remit - payment within 10 days.