You think a mortgage pool's prepayment speed will be PSA 175. What will be the pool's annual constant prepayment rate i...
You think a mortgage pool's prepayment speed will be PSA 185. What will be the pool's annual constant prepayment rate in month 41? A) 10.8% B) 11.5% C) 10.5% D) 11.1% E) 10.1%
Question 1 You think a mortgage pool's constant prepayment rate next month will be 5.3% per year. What will be the pool's single month mortality? OA) 0.352% OB) 0.388% OC) 0.453% OD) 0.485% OE) 0.512%
Problem 1 Consider the following fixed-rate, level-payment mortgage: maturity = 360 months, amount borrowed = $1,000,000, annual mortgage rate = 5%. Construct an amortization schedule for the first 12 months. Problem 2 Using the same fixed rate mortgage as in problem A, answer the following questions: a) What will the mortgage balance be at the end of the 360th month assuming no prepayments? b) Without constructing an amortization schedule, what is the mortgage balance at the end of month 170...
What is the molar solubility of silver carbonate (Ag2CO3) in water? The solubility product constant for Ag2CO3 is 8.1 x 10-12 at 25°C OA 1.4 x 10-6 OB 2.0 x 10-4 OC 40 x 10-6 OD.1.3 x 10-4 OE 2.7 * 10-12
When you purchased your house, you took out a 30-year annual-payment mortgage with an interest rate of 5 % per year. The annual payment on the mortgage is $ 17 comma 573. You have just made a payment and have now decided to pay the mortgage off by repaying the outstanding balance. a. What is the payoff amount if you have lived in the house for 18 years (so there are 12 years left on the mortgage)? b. What is...
Enginering Economy: 5. You obtain a 30 years loan on the 2.4% nominal interest rate mortgage of $18,000,000 from ABC bank. The payment is due each month. You are allowed to pay back only the interest due for the first three years (the grace period) then make the monthly payments thereafter. You have paid back the loan for 10 years including the three years ofthe grace period. (30%) 5.1 What is the interest due per month for the first three...
Your local lender offers you a fixed-rate mortgage with the following terms: $220,000 at 4.75% for 30 years, monthly payments. The lender will charge you two discount points and the loan has a 3% prepayment penalty. A. (1 pt) What is the annual percentage rate (APR) of the loan? Answer: _______ B. (1 pt) How many points are required to yield an APR of 5.25%? Answer: _______ Suppose you take a fixed-rate mortgage for $200,000 at 5.00% for 30 years,...
You obtain a $250,000, 15-year fixed-rate mortgage. The annual interest rate is 3.25 percent. What is the total monthly payment (to the nearest dollar)? Select one: O a. $2,347 OOOO O b. $1,757 O c. $2,521 O d. $2,172 O e. $1,927
Suppose you have a $1 million, 5% fixed rate mortgage with annual payments, a maturity of 30 years and a balloon payment of $750,000. What is your approximate annual payment? a. $50,763 b. $51,763 c. $52,763 d. $53,763 e. none of the above Suppose your annual income is $50,000 and your lender will allow you to have a mortgage payment that is no more than 33% of your monthly income after making other debt payments and paying property taxes, which...
The first 4 are answered, but I need help on the other 16. Respectfully, please don't answer if you can't help with all 20. QUESTION 1 101-010) Questions 1-10 are designed to review some statistical concepts as well as to help you understand the benefits from diversification. Assume that there are two assets (A and B) and there are four possible future scenarios. The four scenarios and their probabilities are shown in the following table. The last two columns show...