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answer all 3 please Assume a borrower wants to borrow $275,000 for 30 years at 4.50 %. first two monthly payments for a CAM and

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Assume a borrower wants to borrow $275,000 for 30 years at 4.50 %. first two monthly payments for a CAM and for a CPM? (4) 14. What are the a. The first two monthly payments for the CPM are $362.13 per month and for the CAM are $0,766.75 for the first month and $0,766.75 for the second month. b. The first two monthly payments for the CPM are $1,393.38 per month and for the CAM are $1,795.14 for the first month and $1,788.41 for the second month. c. The first two monthly payments for the CPM are $12,375.00 per month and for the $1,795.14 for the first month and $1,792.27 for the second month. d. The first two monthly payments for the CPM are $1,393.38 per month and for the CAM are $1,795.14 for the first month and $1,792.27 for the second month. e. The first two monthly payments for the CPM are $9,709.12 per month and for the CAM are $1,795.14 for the first month and $1,788.41 for the second month. CAM are What would be the balance on a 30 year CPM for $375,000 at 5.25% at the end of the 10th year? (4) 15. $193,003.17 a. $307,306.05 $235,518.27 d. $326,718.73 e. $350,150.83 b. c. Use the following to answer questions 16-19: Ed wants to buy a property for $320,000 and wants a CPM loan for 80%. A lender indicates the loan can be obtained for 30 years at 5.5% with an origination loan fee of $1,200 and 2 points. 16. How much will the lender actually disburse? (3) a. $249,680 b. $254,800 c. $256,000 d. $248,400 e. $312,400 un

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