How to calculate part b &part c

Mr and Mrs Monash have hired your team of financial planners to consult on their intention to buy their next home. In 5 years time, they intend buy a 3 bedroom house in Caulfield to live in. They intend to spend $1,700,000 to buy their house. Task 1: Find and present in a business report, the cheapest (lowest interest rate) home loan in the market. You are required to show evidence of your comparison. No evidence of comparison will result in a -2 mark penalty. Evidence would be comparing your recommendation with at least two other loan products which also match all the conditions below. Find and present in a business report, the cheapest (lowest interest rate) home loan in the market. Mr and Mrs Monash have the following conditions and needs of the loan you present to them: (if you breach the conditions above or below, -2 marks will be deducted for each breach) The loan has to be from a Non-big 4 Bank (domestic or foreign) The loan needs to have a Redraw facility Mr & Mrs Monash wish to make weekly repayments They wish to borrow money for 25 years They wish to take a fully amortizing loan. They are interested in a Variale rate loan (use comparison rates only) Mr & Mrs Monash want an LVR of 80% (Assume any loan you research allows the LVR desired and ignore mortgage insurance) a ) Applying their desired LVR, Calculate the amount Mr and Mrs Monash has to borrow. b) Calculate the deposit Mr and Mrs Monash must contribute in the future. C) Apply financial math to calculate the periodic loan repayment Mr and Mrs Monash must pay. (show your formula, substitution and working, missing financial math will result in a -4 mark penalty)