Question: Value = $370,000 Balance = $280,000 Current payment = $2,450 Interest Rate = 6.375% Closing Costs = 2.5% Prepaids = 1% What is the new
Value = $370,000 Balance = $280,000 Current payment = $2,450 Interest Rate = 6.375% Closing Costs = 2.5% Prepaids = 1% What is the new loan amount/P&I payment/LTV?
Step by Step Solution
There are 3 Steps involved in it
Loan Amount Calculation Down payment calculation Value Balance Do... View full answer
Get step-by-step solutions from verified subject matter experts
