Answered step by step
Verified Expert Solution
Question
1 Approved Answer
PLEASE ANSWER 2 questions asap plssss B C D E G H M 41 Ahome buyer makes $300,000 per year. She has $400,000 save for
PLEASE ANSWER 2 questions asap plssss
B C D E G H M 41 Ahome buyer makes $300,000 per year. She has $400,000 save for the downpayment plus enough to cover closing costs and any bank required savings. The bank uses the back ratio for approval of 43% on 80% LTV loans, which is what the borrower expects to put down. Taxes and insurance generally are $3,000 per month. The rate on a 30 year amortization loan would be 3.25%. The purchaser has a car loan of $1,000 per mont, student loans of $800 per month, credit cards of $750 per month. Given the down payment, Itv, and back ratio, how much can the purchaser spend on a house 42 Acommercial property has PGI of $5 million, expenses of 40% of EGI and the vacancy is underwritten at 10%. What values would the following parameters suggest for the property. 70% LTV with a rate of 4.5% and 360 month amortization schedule. Given a property value of $45 million, calculate PGIM. EGIM. Cap Rate, Cash on Cash return and DSCR + B C D E G H M 41 Ahome buyer makes $300,000 per year. She has $400,000 save for the downpayment plus enough to cover closing costs and any bank required savings. The bank uses the back ratio for approval of 43% on 80% LTV loans, which is what the borrower expects to put down. Taxes and insurance generally are $3,000 per month. The rate on a 30 year amortization loan would be 3.25%. The purchaser has a car loan of $1,000 per mont, student loans of $800 per month, credit cards of $750 per month. Given the down payment, Itv, and back ratio, how much can the purchaser spend on a house 42 Acommercial property has PGI of $5 million, expenses of 40% of EGI and the vacancy is underwritten at 10%. What values would the following parameters suggest for the property. 70% LTV with a rate of 4.5% and 360 month amortization schedule. Given a property value of $45 million, calculate PGIM. EGIM. Cap Rate, Cash on Cash return and DSCR + Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started