Example 4-2: $250,000 home 80% LTV Loan 8% Interest 4 Points 30 Years A Calculating the effective interest cost? ANSWER:

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Example 4-2: $250,000 home 80% LTV Loan 8% Interest 4 Points 30 Years A Calculating the effective interest cost? ANSWER:

Post by answerhappygod »

Example 4 2 250 000 Home 80 Ltv Loan 8 Interest 4 Points 30 Years A Calculating The Effective Interest Cost Answer 1
Example 4 2 250 000 Home 80 Ltv Loan 8 Interest 4 Points 30 Years A Calculating The Effective Interest Cost Answer 1 (26.35 KiB) Viewed 26 times
Example 4-2: $250,000 home 80% LTV Loan 8% Interest 4 Points 30 Years A Calculating the effective interest cost? ANSWER: 8.44%) B- What is the effective cost if we think this loan might be repaid after 8 years? [ ANSWER: 8.72%]
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”