Question
A loan commitment of $4.43 million has an up-front fee of 60 basis points and a back-end fee of 35 basis points. The take down
A loan commitment of $4.43 million has an up-front fee of 60 basis points and a back-end fee of 35 basis points. The take down on the loan is 40 percent. Calculate the total fees you will pay on this loan commitment. (Round your answer to 2 decimal places.) Total fees $
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Generational Wealth Personal Financial Handbook
Authors: Sherique Dill
1st Edition
1985161222, 978-1985161221
