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A lender projects that a 3 0 - year loan to a borrower who A lender projects that a 3 0 - year loan to
A lender projects that a year loan to a borrower who
A lender projects that a year loan to a borrower who pays the lender two discount points to obtain an interest rate of will stay open for seven years on average before the borrower prepays the remaining balance. Calculate the lender's yield on such a loan assuming the following terms: Loan amount $; Monthly payment $; Lender points ; Broker fee $; Other third party closing costs $; Remaining mortgage balance after seven years $
Input your answer as a percentage rounded to the nearest tenth and without the sign, eg is input as not pays the lender two discount points to obtain an interest rate of will stay open for seven years on average before the borrower prepays the remaining balance. Calculate the lender's yield on such a loan assuming the following terms: Loan amount $ ; Monthly payment $ Lender points Broker fee $ $ : Other third party closing costs $ : Remaining mortgage balance after seven years $ $
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