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Hello could you please help me with this here is the table thanks? The Johnsons Decide to Buy a Condominium Belinda Johnson's parents and maternal
Hello could you please help me with this
here is the table
thanks?
The Johnsons Decide to Buy a Condominium Belinda Johnson's parents and maternal grandmother have combined their finances and presented Harry and Belinda with $25,000 with which to purchase a condominium. The Johnsons shopped and found one that they like very have much. They could either borrow from the condominium developer or obtain a loan from one of three other mort gage lenders. The financial details follow and are summa rized in the table below. (a) Which plan has the lowest total up-front costs? The highest? (b) What would be the full monthly payment for PITI and PMI for each of the options? (c) If the Johnsons had enough spare cash to make the 20 percent down paymentwould you recom mend lender 1 or lender 2? WhyStep by Step Solution
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