QUESTION $1$

Determine the loan amount using the LTV assuming the purchase price is $$1,000,000,$ the annual interest rate is $3\mathrm{.}25\%,$ the term is $30$ years, payments are calculate monthly and the loan to $75\%$

$750,000$

$1,000,000$

$325,000$

$75$

QUESTION $2$

What is the DCR assuming monthly payments with a property purchase value of $1000,000,$ a LTV of $75\%,$ an interest rate of $3\mathrm{.}25\%,$ a term of $30$

years, an NOI of $52,000$

$1\mathrm{.}50$

$75\%$

$1\mathrm{.}33$

$750,000$