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COLUMN B 1) Component of Interest Rate 2) Real Estate Closing Statement 3) Incremental cost of borrowing 4) Negative Amortized Loan 5) Reverse Mortgage 6)

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COLUMN B 1) Component of Interest Rate 2) Real Estate Closing Statement 3) Incremental cost of borrowing 4) Negative Amortized Loan 5) Reverse Mortgage 6) Investing in Income producing properties 7) A second mortgage 8) Market Rent is referred to as a. Loan Balance is more at maturity. b. Price paid by potential tent to use a space. c. Real Rate, Risk Premium, & inflation rate. d. Offers multiple income streams e. Has a higher interest rate. Comparing Financing alternative. g. Prorated Property Taxes. h. Borrower received money and pay back at the end Use our financial Calculator to answer these questions. Please show your formula 1. The bank offered investor Cliff a fixed rate mortgage loan. The purchase price of the property is $250,000 The lender approve Mr Cliff for a 80% loan to value at 5%interest rate for 25 years a. What is the Loan Amount? b. Calculate the monthly Mortgage Payment

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