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78 4. What is the expected yield to a wraparound lender on a loan for $450,000 at 10% interest 79 for 15 years that wraps

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78 4. What is the expected yield to a wraparound lender on a loan for $450,000 at 10% interest 79 for 15 years that wraps around a $375,000 loan (current balance) with 15 years remaining at 80 9% interest? 81 82 Original Loan Balance Expected Yield 83 Wraparound Loan Amount 84 Original Loan Interest Rate 85 Wraparound Loan Interest Rate 86 Loan Term (years) 87 Periods per Year 88 Original loan payment 89 Wraparound loan payment 90

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