Question 9 You bought a house with price of $250,000. Your LTV (loan-to-value ratio) is 80%. You choose the 30-year mortgage with interest rate 6%. Assuming the total transaction cost is $10,000. Not yet answered What is your monthly payment? Points out of 1.00 Select one: Flag question O a. 2,150,00 O b. 2,350.00 O c. 2,500.00 O d. 1,199.10 You bought a house with price of $250,000. Your LTV (loan-to-value ratio) is 80%. You choose the 30-year mortgage with interest rate 6%. Assuming the total transaction cost is $10,000. Question 10 Not yet answered What will be the loan balance at the end of 9 years? Points out of 1.00 Select one: P Flag question O a. 271,580.46 O b. 245,000.23 O c. 171,580.46 O d. 168,897.46 Question 11 You bought a house with price of $250,000. Your LTV (loan-to-value ratio) is 80%. You choose the 30-year mortgage with interest rate 6%. Assuming the total transaction cost is $10,000. Not yet answered What is the effective borrowing cost if the loan will be prepaid at the end of 9 years? Points out of 1.00 Select one: P Flag question O a. 6.79% O b. 4.56% O c. 7.01% O d. 6.09% Question 9 You bought a house with price of $250,000. Your LTV (loan-to-value ratio) is 80%. You choose the 30-year mortgage with interest rate 6%. Assuming the total transaction cost is $10,000. Not yet answered What is your monthly payment? Points out of 1.00 Select one: Flag question O a. 2,150,00 O b. 2,350.00 O c. 2,500.00 O d. 1,199.10 You bought a house with price of $250,000. Your LTV (loan-to-value ratio) is 80%. You choose the 30-year mortgage with interest rate 6%. Assuming the total transaction cost is $10,000. Question 10 Not yet answered What will be the loan balance at the end of 9 years? Points out of 1.00 Select one: P Flag question O a. 271,580.46 O b. 245,000.23 O c. 171,580.46 O d. 168,897.46 Question 11 You bought a house with price of $250,000. Your LTV (loan-to-value ratio) is 80%. You choose the 30-year mortgage with interest rate 6%. Assuming the total transaction cost is $10,000. Not yet answered What is the effective borrowing cost if the loan will be prepaid at the end of 9 years? Points out of 1.00 Select one: P Flag question O a. 6.79% O b. 4.56% O c. 7.01% O d. 6.09%