What is Paul's front-end ratio on this mortgage? 8.25 percent 26.30 percent 29.25 percent 34.50 percent None of the above; the correct answer is _____. What is Paul's back-end ratio on this mortgage? 46.10 percent 46.88 percent 41.63 percent 34.50 percent None of the above, the correct answer is _____. Zach is borrowing $130,000 using a 30-year, fixed-rate mortgage at 4.75 percent interest. His lender is charging him 2 points and $800 in miscellaneous processing fees to originate this loan. Zach to hold the loan for 4 years. What is the annual percentage ate (APR) on this mortgage? 4.75% 4.98% 4.63% 5.50% None of the above; the correct answer is _____. Which of the following is true about loans that exhibit negative amortization? The loan balance is reduced every month. The interest that has accrued on the loan is more than the total required payment. The interest that has accrued on the loan is less than the total required payment. The loan has gone into default. The loan is a constant amortization mortgage. What is Paul's front-end ratio on this mortgage? 8.25 percent 26.30 percent 29.25 percent 34.50 percent None of the above; the correct answer is _____. What is Paul's back-end ratio on this mortgage? 46.10 percent 46.88 percent 41.63 percent 34.50 percent None of the above, the correct answer is _____. Zach is borrowing $130,000 using a 30-year, fixed-rate mortgage at 4.75 percent interest. His lender is charging him 2 points and $800 in miscellaneous processing fees to originate this loan. Zach to hold the loan for 4 years. What is the annual percentage ate (APR) on this mortgage? 4.75% 4.98% 4.63% 5.50% None of the above; the correct answer is _____. Which of the following is true about loans that exhibit negative amortization? The loan balance is reduced every month. The interest that has accrued on the loan is more than the total required payment. The interest that has accrued on the loan is less than the total required payment. The loan has gone into default. The loan is a constant amortization mortgage