Question
A loan commitment of $4.42 million has an up-front fee of 35 basis points and a back-end fee of 25 basis points. The take down
A loan commitment of $4.42 million has an up-front fee of 35 basis points and a back-end fee of 25 basis points. The take down on the loan is 50 percent. Calculate the total fees you will pay on this loan commitment
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The Wall Street Journal Complete Personal Finance Guidebook
Authors: Jeff D. Opdyke
1st Edition
030733600X, 978-0274804573
