Calculate total fees you will pay on loan commitment, Finance Basics

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Calculate total fees you will pay on loan commitment

Problem:

A loan commitment of $4.30 million has an up-front fee of 60 basis points and a back-end fee of 25 basis points. The take down on the loan is 50 percent.

Required:

Question: Calculate the total fees you will pay on this loan commitment.

Note: Provide support for your rationale.

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Finance Basics: Calculate total fees you will pay on loan commitment

Reference No:- TGS0880541

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Finance Basics: Calculate total fees you will pay on loan commitment

Reference No:- TGS0880541

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