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Give me an example of A mortgage loan in the amount of $ 1 0 0 , 0 0 0 is made at 6 percent
Give me an example of A mortgage loan in the amount of $ is made at percent interest for years. Payments are to be monthly in each part of this problem.
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What will monthly payments be if
The loan is fully amortizing?
It is partially amortizing and a balloon payment of $ is scheduled at the end of year
It is a nonamortizing, or interestonly loan?
It is a negative amortizing loan and the loan balance will be $ at the end of year
What will the loan balance be at the end of year under parts a through a
Assume that the lender charges points to close the loans in parts a through a What would be the APR for each?
Assuming that points are paid at closing and the year loan is prepaid at the end of year what will be the effective rate of interest for each loan in parts a through a
Assume the loan is fully amortizing except that payments will be interest only for the first three years months If the loan is to fully amortize over the remaining years, what must the monthly payments be from year through year
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