User Account

All Pages

What is the indicated loan-to-value ratio

Assignment Help Finance Basics
Reference no: EM131559872

A mortgage loan of $200,000 has just been made on a property valued at $250,000. The interest rate is 5% with 2 points with a 10 year balloon. Monthly amortization payments are based on a 30 year maturity. The mortgage also carries a 2% prepayment penalty.

a. What is the indicated loan-to-value ratio?

b. What is the monthly mortgage payment?

c. How much interest is paid in the fourth year?

d. What is the dollar amount of the balloon payment?

e. If the mortgage is paid off after 6 years what will the effective yield be?

Reference no: EM131559872

Questions Cloud

Buying an income producing property : Some investors purchase apartment buildings based on using a gross rent multiplier and others prefer to use "cap rate" analysis to make this decision.
Do you think it is proper to give congress the power to tax : She feels the state cannot impose a license, tax, or fee on a constitutionally protected right. Is she correct?
Examine the employment issues presented in the scenario : Create a 700- to 1,050-word report in which you examine the employment issues presented in the scenario.
What is the rate of change of f at the given point : Find the point on the graph of f where the tangent line to the curve is horizontal.
What is the indicated loan-to-value ratio : a. What is the indicated loan-to-value ratio? b. What is the monthly mortgage payment? c. How much interest is paid in the fourth year?
What is gross profit : Mayer Corporation had sales of $24,000, cost of sales of $10,000 advertising expense of $8,500 and income tax expense of $1,500. What is gross profit
What claims could they bring to the court : What claims could they bring to the court? Focus on the state power to tax approach to private versus public schools and constitutional rights.
What is the monthly rate of change for property a : a. What is the monthly rate of change for Property A? b. What is the monthly rate of change for Property B?
Find the derivative of f : Find the point on the graph of f where the tangent line to the curve is horizontal. Hint: Find the value of x for which f'(x) = 0.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd