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92 5. What is the buydown amount required at origination to reduce the payment by $200 per 93 month for 3 years on a loan
92 5. What is the buydown amount required at origination to reduce the payment by $200 per 93 month for 3 years on a loan for S290,000 at 7% interest for 30 years? 94 Buydown amount 95 Loan Amount 96 Interest Rate 97 Years 98 Periods per Year 99 Full Monthly Payment 100 Monthly shortfall 101 Months of shortfall
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