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Question 4 (1 point) Mortgage Information: Initial Loan Amount: $250,000 Fully Amortizing Term: 30 years Fixed rate interest rate: 6.25% Fees at origination: 3rd party
Question 4 (1 point) Mortgage Information: Initial Loan Amount: $250,000 Fully Amortizing Term: 30 years Fixed rate interest rate: 6.25% Fees at origination: 3rd party fees: $750 Discount points: 2 points What is the borrower's cost or yield? 6.44 6.47 Question 5 (1 point) Mortgage Information: Interest Only Payments Initial Loan Amount: $250,000 Fully Amortizing Term: 30 years Fixed rate interest rate: 6.25% Fees at origination: 3rd party fees: $750 Discount points: 2 points What are the monthly payments? $1,539.29 $1,302.08
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