What is geniune saving ? what is total funding avaialble ? In this task, you are required

What is geniune saving ?

what is total funding avaialble ?

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In this task, you are required to balance the funding position below to meet the needs and requirements of Natasha. Funds Needed Funds Available Purchase Price $ 200000 $ 160000 Loan amount Registration $ 197.00 Transfer $ 271.00 Stamp duty $ 00 Legal fees Lender set up cost & LMI $2,000.00 $15,000.00 VA 00 $ 0.00 Total $ 202468 $ ? Genuine Savings $0.00 Gift from parents $0.00 Proceeds from assets sold First Home Owner Grant Other (specify) Total In this task, you are required to balance the funding position below to meet the needs and requirements of Natasha. Funds Needed Funds Available Purchase Price $ 200000 $ 160000 Loan amount Registration $ 197.00 Transfer $ 271.00 Stamp duty $ 00 Legal fees Lender set up cost & LMI $2,000.00 $15,000.00 VA 00 $ 0.00 Total $ 202468 $ ? Genuine Savings $0.00 Gift from parents $0.00 Proceeds from assets sold First Home Owner Grant Other (specify) Total

Answer rating: 100% (QA)

Solution To balance the funding position we need to ensure that the total funds available equal the ... View the full answer