Carla is taking an interest Only ban is purchase a 3t81019 property with 0.85 (85\%) LTV. The loan is issued for 15 years with monthly payments and has a foed interest rate of 4%. Under this mortgage contract, what will be Carta's payment in the frat month of the loan? Siale your antwer as a number rounded to the nearest cent (e.g. it your answer is 51,000.56d, wribe 1000.57 ) QUESTION 18 Five years ago Llians took cut a 30 year 511 Hytrid ARM loan with monthly payments. The initial rase on this loan is 5% and it tesets to LIBOR: phus a margin of 1600p. Suppose the remaining balance ather five years of pigments is 3201574 and the LiBor tale at the frat reset is 3%. What will be Lifiana's new montrly payment during 6eh year of the loan? Express your answer as a number rounded to the nearest cent (e.g. if you find that the payment is $600.0697, then write 600.07. Carla is taking an Interest Only loan to purchase a $481019 property with 0.85(85%) LTV. The loan is issued for 15 years with monthy payments and has a fixed interest rate at 4%. Under this mortgage contract, what will be Carta's payment in the first month of the loan? State your answer as a number rounded to the nearest cent (e.9. If your answer is $1.000.568, write 1000.57 ). QUESTION 18 Five years ago Liliana took out a 30 year 5/1. Hybrid ARM loan with monthly payments. The initial rate on this loan is. 5% and it resets to LIBOR plus a margin of 160bps. Suppose the remaining baiance after five years of payments is $203574 and the LiBOR rate at the first reset is 3%. What will be Liliana's new monthly payment during 6th year of the loan? Express your answer as a number rounded to the nearest cent (e.g. if you find that the payment is 5600.0697, then write 600.07 ). Carla is taking an Interest Only loan to purchase a $481019 property with 0.85 (85\%) LTV. The loan is issued for 15 years with monthly payments and has a fixed interest rate at 4%. Under this mortgage contract, what will be Carla's payment in the first month of the loan? State your answer as a number rounded to the nearest cent (e.g. if your answer is $1,000.568, write 1000.57). QUESTION 18 Five years ago Liliana took out a 30 year 5/1 Hybrid ARM loan with monthly payments. The initial rate on this loan is. 5% and it resets to LIBOR plus a margin of 160bps. Suppose the remaining balance after five years of payments is $203574 and the LIBOR rate at the first reset is 3%. What will be Liliana's new monthly payment during 6 th year of the loan? Express your answer as a number rounded to the nearest cent (e.g. if you find that the payment is $600.0697, then write 600.07)
