15. What is the draw in a RAM for $300,000 at 4% interest and a maturity...
15. What is the draw in a RAM for $300,000 at 4% interest and a maturity of 10 years? (On Excel)
Loan Amount
Periods Per Year
Interest Rate
Years to Maturity
What is the balance on the loan in the previous question 12 years after the original 10-year period ends?
Loan Amount
Periods Per Year
Interest Rate
Years After Original Maturity
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15. What is the draw in a RAM for $300,000 at 4% interest and a
maturity...
please use excel functions 11. What is the draw (payment to the borrower) in a RAM...
please use excel functions
11. What is the draw (payment to the borrower) in a RAM for $200,000 at 4% interest and a maturity of 10 years? Answer Loan Amount Periods Per Year Interest Rate Years to Maturity 12. What is the balance on the loan in the previous question 2 years after the original 10-year period ends? (assume the borrower stays in the house for 12 years after origination) (use the FV function) Answer Loan Amount Periods Per Year...
please use excel functions 8. What is the payment in month 13 on a CAM loan...
please use excel functions
8. What is the payment in month 13 on a CAM loan for $150,000 with a maturity of 15 years at 5.85%? Answer Loan Amount Years Periods Per Year Payment Month at Issue Here Interest Rate Constant Amortization Amount 9. What is the interest paid in month 14 on the loan in the previous question? Answer Loan Amount Years Periods Per Year Payment Month at Issue Here Interest Rate Constant Amortization Amount
10. What is the payment in month 234 on a 30-year loan for $725,000 at 4.85%...
10. What is the payment in month 234 on a 30-year loan for $725,000 at 4.85% that requires payments of $0 for the first five years and fully amortizing payments for the remaining years of the loan? (On Excel) Loan Amount: Years: Periods Per Year: Interest Rate: Balance at EOM 60: Total Amortization Years: What is the balloon payment due at maturity for a 10-year loan for $225,000 at 5.85% if the negotiated payment amount each month is $100 less...
please do not do this in an excel 6, Joe bought a house for $300,000 and...
please do not do this in an excel
6, Joe bought a house for $300,000 and made a $60,000 down payment. He obtained a 20-year loan for the remaining amount. Payments were made monthly. The interest rate was 6%, compounded monthly. After 12 years (144 payments), he decided to refinance the loan at a current rate of 4.8%, compounded monthly. Given that Joe refinances over the remaining period of the original loan, the most he is willing to pay for...
Please use excel functions 6. What is the payment in month 234 on a 30-year loan...
Please
use excel functions
6. What is the payment in month 234 on a 30-year loan for $925,000 at 4.85% that requires no payments during the first five years and fully amortizing payments for the remaining years of the loan? Answer Loan Amount Years Periods Per Year Interest Rate Balance at EOM 60 Total Amortization Years 7 What is the balloon nayment du at maturity for a 10-year loan for $325 000 at 5 9507 if
Mortgage question: I buy a condo for $300,000 with 15% down at 4.8%. My current payment...
Mortgage question: I buy a condo for $300,000 with 15% down at 4.8%. My current payment is $1,337.90. The real estate market is rising so my condo appreciates 4% every year. Also, my condo interest rate falls to 3.6%. I decide to refinance. I can refinance into a new mortgage for 85% of the value of my condo. 1) What is the value of my condo at the end of year 3? 2) Before you refinance, what is the principal...
Investor #2 offers you the $300,000 paying interest at the rate of 8% per year for...
Investor #2 offers you the $300,000 paying interest at
the rate of 8% per year for 4 years and then a final payment of
interest and principal at the end of the 5th year . find annual
interest payment , year 5 payment , total payment and interest
paid
DataRevicwiew Times New Roman 12 A" AT Av 1:11 ////EEi@werg. & Center w $. % , y Pay interest at the rate of 8%per year for 4 years and then a...
Investor #1 decided to loan you the $300,000, paying all of the interest (8% per year)...
Investor #1 decided to loan you the $300,000, paying all of the interest (8% per year) and principal in one lump sum at the end of 5 years. · Investor #2 offers you the $300,000, paying interest at the rate of 8% per year for 4 years and then a final payment of interest and principal at the end of the 5th year. how is this inputted in excel formula?
Font Paragraph 12. What is the yield to maturity on a simple loan for $1 million...
Font Paragraph 12. What is the yield to maturity on a simple loan for $1 million that requires a repayment of $1.5 million after four years? A) 5% B) 10.67% C) 12 24% D) 15% the yield to maturity. 13. For simple loans, the simple interest rate is_ A) greater than B) less than C) equal to D) not comparable to 14. Assume that you borrow $10,000 to purchase a new automobile and that you finance it with a four-...
Section 4 - Mortgage Calculation Instructions You Have Decided to use a 15 year Amortization for...
Section 4 - Mortgage Calculation Instructions You Have Decided to use a 15 year Amortization for your Mortgage. Use this information to find the MONTHLY mortgage PAYMENT using the mortgage amount from previous section and a rate of 3.17%. You must also determine the amount of INTEREST, PRINCIPAL and BALANCE owing for the mortgage after 4 Years and 1 Months. Input all the TVM variables and answers into the fields below. Amortization Mortgage Amount From Previous Question $278710.23 15 Years...
please use excel functions
11. What is the draw (payment to the borrower) in a RAM for $200,000 at 4% interest and a maturity of 10 years? Answer Loan Amount Periods Per Year Interest Rate Years to Maturity 12. What is the balance on the loan in the previous question 2 years after the original 10-year period ends? (assume the borrower stays in the house for 12 years after origination) (use the FV function) Answer Loan Amount Periods Per Year...
please use excel functions
8. What is the payment in month 13 on a CAM loan for $150,000 with a maturity of 15 years at 5.85%? Answer Loan Amount Years Periods Per Year Payment Month at Issue Here Interest Rate Constant Amortization Amount 9. What is the interest paid in month 14 on the loan in the previous question? Answer Loan Amount Years Periods Per Year Payment Month at Issue Here Interest Rate Constant Amortization Amount
please do not do this in an excel
6, Joe bought a house for $300,000 and made a $60,000 down payment. He obtained a 20-year loan for the remaining amount. Payments were made monthly. The interest rate was 6%, compounded monthly. After 12 years (144 payments), he decided to refinance the loan at a current rate of 4.8%, compounded monthly. Given that Joe refinances over the remaining period of the original loan, the most he is willing to pay for...
Please
use excel functions
6. What is the payment in month 234 on a 30-year loan for $925,000 at 4.85% that requires no payments during the first five years and fully amortizing payments for the remaining years of the loan? Answer Loan Amount Years Periods Per Year Interest Rate Balance at EOM 60 Total Amortization Years 7 What is the balloon nayment du at maturity for a 10-year loan for $325 000 at 5 9507 if
Investor #2 offers you the $300,000 paying interest at
the rate of 8% per year for 4 years and then a final payment of
interest and principal at the end of the 5th year . find annual
interest payment , year 5 payment , total payment and interest
paid
DataRevicwiew Times New Roman 12 A" AT Av 1:11 ////EEi@werg. & Center w $. % , y Pay interest at the rate of 8%per year for 4 years and then a...
Font Paragraph 12. What is the yield to maturity on a simple loan for $1 million that requires a repayment of $1.5 million after four years? A) 5% B) 10.67% C) 12 24% D) 15% the yield to maturity. 13. For simple loans, the simple interest rate is_ A) greater than B) less than C) equal to D) not comparable to 14. Assume that you borrow $10,000 to purchase a new automobile and that you finance it with a four-...
Section 4 - Mortgage Calculation Instructions You Have Decided to use a 15 year Amortization for your Mortgage. Use this information to find the MONTHLY mortgage PAYMENT using the mortgage amount from previous section and a rate of 3.17%. You must also determine the amount of INTEREST, PRINCIPAL and BALANCE owing for the mortgage after 4 Years and 1 Months. Input all the TVM variables and answers into the fields below. Amortization Mortgage Amount From Previous Question $278710.23 15 Years...
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