NEEDS TO BE DONE IN MICROSOFT EXCEL. WITH CALCULATIONS.

C Chapter 51. Make Nu Mortgage X C Chege - Save up to 90% on Text x + 5205_Brueggman%20and%20Fisher%20(2).pdf + B A Read aloud Draw Highlig Compute the payments, loan balance, and yield for the ARM for www 9. Make No Mortgage Company is offering a new mortgage instrument called the Stable Mortgage This mortgage is composed of both a fixed rate and an adjustable me component. Mrs. Maria Perez is interested in financing a property, which costs $100,000, and is to be financed by Stable Home Mortgages (SHM) on the following terms a. The SHM requires a 5 percent down payment, costs the borrower 2 discount points, and allows 75 percent of the mortgage to be fixed and 25 percent to be adjustable. The fixed portion of the loan is for 30 years at an annual interest rate of 10.5 percent. Having neither an interest rate mor payment cap, the adjustable portion is also for 30 years with the following terms: Initial interest rate percent Index-one-year Treasures Payments et each year Margin-2 percent Interest rate cap None Payment cap None The projected one-year U.S. Treasury-bill index, to which the ARM is tied, is as follows: BOY 2 -10 percent; (BOY9 3 = 11 percent,(BON 4 - 8 percent (BON 5 - 12 percent. Calculate Mrs. Perez's total monthly payments and end-ofyear loan balance for the first five years Calculate the lender's yield, assuming Mrs. Perez repays the loan fer ve years Repeat part (a) under the assumption that the initial interest rate is 9.5 percent and there is an annual interest rate cap of percent 10. A floating rate mortgage loan is made for $100,000 for a 30 year period at an initial of 12 percent C Chapter 51. Make Nu Mortgage X C Chege - Save up to 90% on Text x + 5205_Brueggman%20and%20Fisher%20(2).pdf + B A Read aloud Draw Highlig Compute the payments, loan balance, and yield for the ARM for www 9. Make No Mortgage Company is offering a new mortgage instrument called the Stable Mortgage This mortgage is composed of both a fixed rate and an adjustable me component. Mrs. Maria Perez is interested in financing a property, which costs $100,000, and is to be financed by Stable Home Mortgages (SHM) on the following terms a. The SHM requires a 5 percent down payment, costs the borrower 2 discount points, and allows 75 percent of the mortgage to be fixed and 25 percent to be adjustable. The fixed portion of the loan is for 30 years at an annual interest rate of 10.5 percent. Having neither an interest rate mor payment cap, the adjustable portion is also for 30 years with the following terms: Initial interest rate percent Index-one-year Treasures Payments et each year Margin-2 percent Interest rate cap None Payment cap None The projected one-year U.S. Treasury-bill index, to which the ARM is tied, is as follows: BOY 2 -10 percent; (BOY9 3 = 11 percent,(BON 4 - 8 percent (BON 5 - 12 percent. Calculate Mrs. Perez's total monthly payments and end-ofyear loan balance for the first five years Calculate the lender's yield, assuming Mrs. Perez repays the loan fer ve years Repeat part (a) under the assumption that the initial interest rate is 9.5 percent and there is an annual interest rate cap of percent 10. A floating rate mortgage loan is made for $100,000 for a 30 year period at an initial of 12 percent