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Consider a PLAM with the following features: Mortgage amount $190,000 Mortgage term 30 years Current real rate 5% Inflation for the next 3 years respectively
- Consider a PLAM with the following features:
| Mortgage amount | $190,000 |
| Mortgage term | 30 years |
| Current real rate | 5% |
| Inflation for the next 3 years respectively | 2%, 3%, 5% |
| Mortgage payments adjusted annually |
|
- What are the monthly payments for each of the first 3 years?
- What is the effective cost if the loan is repaid at the end of year 3?
- What is the effective cost if the loan is repaid at the end of year3 and the lender charges 2 discount points up front?
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Supply Chain Construction The Basics For Networking The Flow Of Material Information And Cash
Authors: William T. Walker
1st Edition
1482240467,1482240475
