Monday
October 20, 2014

Homework Help: Real Estate Finance

Posted by tmouery on Monday, November 26, 2012 at 2:20pm.

If your lending institution is willing to give you an 85% loan/mortgage on a house valued at $150,000 and you already have given a $5,500 earnest money deposit, how much additional cash will you need for your downpayment?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Real Estate Finance - If you are required to pay 1.5 discount points, a 1 point ...
Math - 1.--Cody and Carolyn have a 20/7 balloon mortgage for $216,000 with a ...
Real Estate Finance - The mortgage company requires a down payment of $11,500 on...
public finance - Your annual income is $50,000. You want to take out a mortgage ...
Math - Shantle and Kwamie are planning to buy their first home. Although they ...
Survey of Mathematics - On January 5, Ebony Davis borrowed $6,500 on a simple ...
Urgent! Help please! - On January 5, Ebony Davis borrowed $6,500 on a simple ...
Survey of mathematics - On January 5, Ebony Davis borrowed $6,500 on a simple ...
real estate finance - I need to find the mortgage loan amount and can't remember...
finance - You take out a 25-year $210,000 mortgage loan with an APR of 12% and ...

Search
Members