Question: Using this table as needed, calculate the required information for the mortgage. (Round dollars to the nearest cenu Amount Financed Interest Rate Term of Loan


Using this table as needed, calculate the required information for the mortgage. (Round dollars to the nearest cenu Amount Financed Interest Rate Term of Loan (years) Number of $1,000s Financed Table Factor (in $) Monthly Payment (in $) Total Interest (in $) $165,300 7.25% 15 $ Need Help? Read it [-/2 Points] DETAILS BRECMBC9 14.1.012. As one of the loan officers for Grove Gate Bank, calculate the monthly principal and interest, PI (in $), u cent.) Amount Financed Interest Rate Term of Loan (years) Monthly PI Annual Property Tax Annual Insurance Monthly PITI $260,000 3.50% 25 $ $6,513 $2,126 Need Help? Read It For the second mortgage application, calculate the percentage of appraised value and the potential credit Appraised Value Lender's Percentage of Percentage Appraised Value (in $) Balance of First Mortgage Potential Credit (in $) $356,900 75% $ $196,500 Need Help? Read It
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