Question
When buying a $1,000,000 property, what is the incremental borrowing cost between the following two loan alternatives; Loan #1 for 75% LTV at 4% for
When buying a $1,000,000 property, what is the incremental borrowing cost between the following two loan alternatives; Loan #1 for 75% LTV at 4% for a 10 year term with a 25 year amortization, and Loan #2 for 90% LTV at 11% for a 10 year term with a 25 year amortization? Rounded to hundredths.
| 4% | ||
| 3.24% | ||
| 38.90% | ||
| None of the Above |
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Private Equity Value Creation Analysis Volume I
Authors: Michael David Reinard
1st Edition
1736077821, 978-1736077825
