Question
Please solve using a BA II calculator Today you can get an 80% LTV loan on a $200,000 house at a contract rate of 6.85%
Please solve using a BA II calculator
Today you can get an 80% LTV loan on a $200,000 house at a contract rate of 6.85% with no points. You can get a 90% LTV loan on the same house at a contract rate of 7.25%. Assuming a 30 year mortgage, and that you will hold the loan for that entire 30 year period, what is the incremental cost of financing the marginal 10%? If you planned to prepay the loan after 10 years, what would be the incremental cost of financing the marginal 10%?
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee, W.H.C. Bassetti
9th Edition
0814408648, 978-0814408643
