REAL ESTATE FINANCE AND INVESTMENT

X A borrower takes a 5-year loan of Sh. 100.000 at 14% payable monthly. -14 The loan balance at end of year 5 is expected to be Sh. 30.000. Calculate the monthly PMT X Explain short sale as an alternative to foreclosure /2 X Under what circumstances would alender issue a negative amortising/2 loans X The initial rate for a fixed rate mortgage is lower than that of ARM. True 12 or False? Explain - 76 X Consider a 5-year loan of Sh, 100,000 at 12% p.a. interest payable monthly. The lender charges 5% origination fees. Calculate the effective interest rate