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Mortgages
Page 2
Questions (131)
Mortgage lenders base the mortgage interest rate they offer you on your credit rating. This makes it financially critical to
2 answers
asked by
KIM
495 views
Mortgage lenders base the mortgage interest rate they offer you on your credit rating. This makes it financially critical to
2 answers
asked by
elizabeth
485 views
You borrow $100,000 for a conventional 30 year mortgage at a 4% interest rate. Which is the first year, where years are 1-30,
1 answer
asked by
Joy
985 views
How much would the payoff be if I only had 12 years left on a 30 year mortgage of $530,493 with monthly payments o $3,180.57
1 answer
asked by
Sherri
281 views
Evan is borrowing $130,000 to buy a home priced at $144,500, and wants to do a permanent buy-down on his interest rate. His loan
2 answers
asked by
tmouery
926 views
Please help! Just need the answer...
A lender gives you a choice between the following two 30-year mortgages of $200,000:
2 answers
asked by
Logan
548 views
At a closing at 10 a.m. on May 3, 2005, X Corp. delivers $25,000,000 to the seller of a factory using $20,000,000 from Bank One
1 answer
asked by
rachel
506 views
A retired air force colonel wants to buy a new home using a VA loan. He used his VA guarantee of $46,000 in 1989, when he
1 answer
asked by
Anonymous
464 views
A mortagge is taken out for $10,000 and is repaid by annual installments of $2,000. Interest is charged on the outstanding debt
1 answer
asked by
Math
361 views
You have just purchased a new warehouse. To finance the purchase, you've arranged for a 30-year mortgage loan for 80 percent of
1 answer
asked by
Anonymous
886 views
You have just purchased a house and have obtained a 30-year, $200,000 mortgage with an interest rate of 10 percent.
Required: a.
2 answers
asked by
scotty
1,113 views
You may remember seeing home mortgage interest rates fluctuate widely in a period of not too many years. Refer to the
3 answers
asked by
Shelby
36 views
The table shows the specifications of an adjustable rate mortgage (ARM). Assume no caps apply. Find a) the initial
3 answers
asked by
Shelby
55 views
The table shows the specifications of an adjustable rate mortgage (ARM). Assume no caps apply. Find a) the initial
3 answers
asked by
Shelby
54 views
A person purchased a 225463 home 10 years ago by paying 10% down and sighning a 30 year mortgage at 8.7% compounded monthly.
6 answers
asked by
Jugrnot
631 views
the patel family recently purchased a home taking out a mortage of $235,000 at 8% for 25 years excluding taxes and insurance
1 answer
asked by
lyh
344 views
Suppose that you want to purchase a home for $450,000 with a 30 year mortgage at 6% interest. Suppose that you can put 20% down.
2 answers
asked by
Anonymous
876 views
Mr. Hobbs was just about to take out a home mortage of $120,000 for 20 yrs at the rate of 10.0% compounded monthly. The monthly
2 answers
asked by
Blaire
975 views
You borrow $185,000 to buy a house. The mortgage rate is 6.5 percent and the loan period is 32 years. Payments are made monthly.
2 answers
asked by
chris
753 views
Dave takes out a 30-year mortgage of 200000 dollars for his new house. Dave gets an interest rate of 16.8 percent compounded
2 answers
asked by
Katy
947 views
shawn bought a home for $100000.he put 20% down and obtained a mortgage for 30 years at 51/2%.what is the total interest cost of
5 answers
asked by
lindaemory
928 views
Mortgage.
Written agreement by which an institution(bank) agrees to lend money to buy property. This is a simple definition ive
1 answer
asked by
Anonymous
330 views
Questions on mortgage (South African Law)
3 answers
asked anonymously
29 views
You have just applied for a 30-year $100,000
mortgage at a rate of 10%. What must the annual payment be?
3 answers
asked anonymously
34 views
A health agency experience an average 150+ days in it's receivables. Would you look to a 90 day or 30 year mortgage fo financing
1 answer
asked by
BarBara
828 views
Todd is applying for a $100,000 mortgage.He can get a $600 monthly payment for principal and interest and no points,or $520
2 answers
asked by
vedrana
848 views
Suppose that you have a $400,000 commercial mortgage with a 6.3% APR and a 25 year amortization period. Further, suppose that
1 answer
asked by
Gary
479 views
The graph and table below give the monthly principal and interest payments for a mortgage from 1999 to 2004. Use this
6 answers
asked by
Deb
526 views
When buying a new house, is APR the same thing as annual interest rate?
1 answer
asked by
Jackie
378 views
Please explian I keep messing up 100,000 mortgage at a rate of 8 1/2 for 20 years has a monthly payment of what I am readyto
3 answers
asked by
keleb
427 views
Please explian how to figure out the the initial interest rate of the ARM ?
Given th these facts thanks :) Ben bought a home with
3 answers
asked by
Anonymous
584 views
Hello,
I am in college and thinking of buying a house. What constitutes an excessively high mortgage rate today? I got an offer
1 answer
asked by
Greg
500 views
Pey Soon has taken out a 20-year, $150,000 mortgage with monthly payments (made at the end of each month) at a stated mortgage
4 answers
asked by
Nancy
1,336 views
Determine the down payment and the amount to be financed for each home described below.
(a) $360,360; 10% down The down payment
2 answers
asked by
Anonymous
1,124 views
Carol Miller went to Europe and forgot to pay her $820 mortgage payment on her New Hampshire ski house. For her 52 days overdue
2 answers
asked by
Jena
1,147 views
A person purchased a 141797$ home 10 years ago by paying 20% down and signing a 30-year mortgage at 10.5 %
1 answer
asked anonymously
46 views
The price of a small cabin is $40,000. The bank requires a 5% down payment. The buyer is offered two mortgage options: 20-year
6 answers
asked by
kaitlyn Blackmon
1,010 views
Jon Ericson bought a home with a 11.5% adjustable rate mortgage for 20 years. He paid $10.67 monthly per thousand on his
1 answer
asked by
C
974 views
Kandace have been approved for a $250,000, 30 year mortgage with an APR of 4.5%. What is their monthly payment rounded to the
2 answers
asked by
Jamal
943 views
Dave takes out a 23-year mortgage of 200000 dollars for his new house. Dave gets an interest rate of 13.2 percent compounded
2 answers
asked by
Nicole
940 views
Find the monthly payment.
Mortgage amount Annual percentage rate 2. $146,800 5.25% 30 years 4. $113,400 5% 15 years 6. Find the
2 answers
asked by
Chol
866 views
PLEASE HELP ME ASAP!!!!!!!!!!!!
32. Which is not a horrible mortgage option? a. ARM b. Conventional c. Reverse mortgage d.
10 answers
asked by
Phoebe
1,243 views
Using the maximum ratios for a conventional mortgage, how big a monthly payment could the Taylor family afford if their gross (
2 answers
asked by
tota
816 views
The price of a small cabin is $45,000. The bank requires a 5% down payment. The buyer is offered two mortgage options:
2 answers
asked by
Rose
789 views
A borrower received a 30-year ARM mortgage loan for $120,000. Rate caps are 3/2/6 (first adjustment/subsequent adjustments/total
2 answers
asked by
mahagoni
774 views
A mortgage of 200 000 is required to purchase a house. The mortgage will be repaid with equal monthly payments over 25 years at
3 answers
asked by
Jennfier kosner
757 views
FreddieMac reports that the average rate on a 30-year fixed rate mortgage is 3.92% as of January 2012. This is down from 4.76%
2 answers
asked by
WONDA
728 views
Louise Grantham is buying a home for $198,500 with a 20% down payment. She has a 5.75% loan for 25 years. Create amortization
2 answers
asked by
Kgk
738 views
A $99,000 mortgage for 30 years at 9% APR requires monthly payments of $796.58. Suppose you decided to make monthly payments of
1 answer
asked by
Abbey
726 views
What would be the monthly payment on a $90,000 mortgage at a rate of 7.5% interest for
30 years?
3 answers
asked by
alisha
650 views
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