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A.) What is the monthly mortgage payment for a 30-yr fixed rate mortgage with an interest rate of 4.75%, 1.5 points, and $1000 in fees
A.) What is the monthly mortgage payment for a 30-yr fixed rate mortgage with an interest rate of 4.75%, 1.5 points, and $1000 in fees on a home with a value of $300,000 and a LTV of 80% (20% Down)?
B.) What is the interest paid, principal paid and balance on the mortgage in question A after 10 years?
C.) What is the APR if the mortgage in question 1 is refinanced after 10 years?
Can these be done on my baii plus? And how? please show work.
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