Mortgage info Purchase price $2,500,000 Holding period 2 LTV 77% Interest rate 4.0% Term 15 Amortization 15 Mortgage-Related Closing Costs Discount point (Lender) 0.75% Appraisal $500 Survey $800 Underwriting fee (Lender) $300 Origination (Lender) 1.25% What is the borrower's EBC? 5.20 None of these are correct 5.10 5.05 5.15 Mortgage info Purchase price $2,500,000 Holding period 2 LTV 77% Interest rate 4.0% Term 15 Amortization 15 Mortgage-Related Closing Costs Discount point (Lender) 0.75% Appraisal $500 Survey $800 Underwriting fee (Lender) $300 Origination (Lender) 1.25% What is the borrower's EBC? 5.20 None of these are correct 5.10 5.05 5.15