What will her monthly mortgage payment be

Assignment Help Finance Basics
Reference no: EM131986854

Louisa is purchasing a 125000 home and her bank is offering her a 30-year mortgage at a 4.75% interest rate. In order to lower her monthly payment ,Louisa will make a 20% down payment and will purchase 2 points. What will her monthly mortgage payment be?

Reference no: EM131986854

Questions Cloud

Describe how substance could enter body through dermal route : Describe how the substance could enter the body through the dermal route, and discuss why the dermal route would or would not be important.
What might be done to reduce this connection : Even though most religions are concerned with ethics, morals, and peace, worldwide persecution often is connected with religion.
Firm balance sheet after payment of the cash? dividend : What would happen to the? firm's balance sheet after payment of the cash? dividend?
Dollar-weighted rate of return in financial agreement : What is Suzanne's dollar-weighted rate of return in this financial agreement, assuming simple interest for the rate of return?
What will her monthly mortgage payment be : In order to lower her monthly payment ,Louisa will make a 20% down payment and will purchase 2 points. What will her monthly mortgage payment be?
Examine the benefits and drawbacks of each format for user : In recent times, HD-DVD and Blu-ray were competing technology formats for creating and watching movies on DVDs. Neither was compatible with the other.
Compute the effective annual return : What is Stancorp's pre-tax cost of debt? Note: Compute the effective annual return.
What is the rate of return you should receive : If the market price for this bond is 8,990 and you decided to pay that price to own the bond and hold it till maturity, what is the rate of return
Critically evaluate personal leadership capabilities : SHR011-6 - Leadership Project - Report on Personal Leadership - Create insight into your leadership style by answering questions about your personal leadership

Reviews

Write a Review

Finance Basics Questions & Answers

  Calculate the store internal rate of return

Calculate the store's net present value using a 12 percent weighted average cost of capital.

  Global investments-mergers questions

Which of the two long-term financing securities (debt or equity) would potentially maximize shareholder earnings more?

  What capital gain did he earn over the holding period

a. What income did he earn in the holding period? [Hint: Be sure to note how the text differentiates between income and capital gains.] b. What capital gain did he earn over the holding period? c. What was his holding period return (HPR), in percent?..

  What is the level of its accounts receivabl

Baker Brothers has a DSO of 40 days. The company's average daily sales are $20,000. What is the level of its accounts receivable? Assume there are 365 days in a year.

  Explain the term capital budgeting

Explain the term Capital budgeting in addition your family has just given you a $5,000 graduation gift

  Construct profitt diagrams or profit tables on expiration

Construct profitt diagrams or profit tables on expiration to show what position in IBM puts, calls and/or underlying stock best expresses the investor's objectives described below.

  Has the firm been involved in any ethics scandals

A final conclusion based on your studies of Corporate Finance Techniques: is the company well- run by the Financial Managers?

  Calculate quicker cost of goods completed for may

Quicker Company uses a job order costing system. On May 1, Quicker Company's Work in Process Inventory account shows a beginning balance of $161,000.

  Should federal judges be appointed to serve a lifetime term

What are the benefits of electing a judge to the bench versus the judge being appointed by a political figure? Should a judge's political preferences

  What is avicorp pre-tax cost of debt

Avicorp has a $10.8 million debt issue outstanding, with a 6.2% coupon rate. The debt has semi-annual coupons, the next coupon is due in six months.

  If you require and annual rate of return of 12 what must

suppose you are willing to pay 30 today for a share of stock which you will expect to sell at the end of year one for

  Established by the taft-hartley act

Summarize the six unfair labor practices by unions as established by the Taft-Hartley Act.

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!

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