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You applied for a 28 -year HIBOR mortgage loan for buying a property valued at $5,800,000. The interest rate is H+1.35, capped at P2.8%, where
You applied for a 28 -year HIBOR mortgage loan for buying a property valued at $5,800,000. The interest rate is H+1.35, capped at P2.8%, where the current HIBOR is 0.03% and Prime Rate is 5.25%. Assuming the HIBOR and Prime Rate do 1 not change during the loan period, what is your monthly repayment a mount if the loan-to-value ratio is 60% ? You applied for a 25-year Prime Rate mortgage loan for buying a property valued at $9,800,000. The interest rate P2.65% is compounded monthly, where the current Prime Rate is 5.5%. Assuming the Prime Rate does not change during the loan period and the payment is paid monthly, what is your total interest expense if the loan-to-value ratio is 90% ? Assume you opt for single MIP premium payment nxithout financinor Question 3 You applied for a 30-year HIBOR mortgage loan for buying a property valued at $9,800,000. If you want to get a mortgage with an 85% loan-to-value ratio, what is the single MIP premium payment? Question 4 Your monthly salary is $60,000 and you are applying for a 30 -year mortgage for a self-use residential property (and assuming you do not have any other mortgage loans). What is the maximum loan fit Struss Test, assuming a a mount you could borrow if the annual interest rate is 1.15% for the entire loan period and interest is 200 bassis point luike itt 1 compounded monthly? Assuming there is no MIP. itterest rates You applied for a 28 -year HIBOR mortgage loan for buying a property valued at $5,800,000. The interest rate is H+1.35, capped at P2.8%, where the current HIBOR is 0.03% and Prime Rate is 5.25%. Assuming the HIBOR and Prime Rate do 1 not change during the loan period, what is your monthly repayment a mount if the loan-to-value ratio is 60% ? You applied for a 25-year Prime Rate mortgage loan for buying a property valued at $9,800,000. The interest rate P2.65% is compounded monthly, where the current Prime Rate is 5.5%. Assuming the Prime Rate does not change during the loan period and the payment is paid monthly, what is your total interest expense if the loan-to-value ratio is 90% ? Assume you opt for single MIP premium payment nxithout financinor Question 3 You applied for a 30-year HIBOR mortgage loan for buying a property valued at $9,800,000. If you want to get a mortgage with an 85% loan-to-value ratio, what is the single MIP premium payment? Question 4 Your monthly salary is $60,000 and you are applying for a 30 -year mortgage for a self-use residential property (and assuming you do not have any other mortgage loans). What is the maximum loan fit Struss Test, assuming a a mount you could borrow if the annual interest rate is 1.15% for the entire loan period and interest is 200 bassis point luike itt 1 compounded monthly? Assuming there is no MIP. itterest rates
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