For a $329,000 mortgage at 6% annually, accrued monthly, fully amortized
a. What is the monthly payment____________ and what would be the total interest if paid in 15 years? _______________
b. What is the monthly payment____________ and what would be the total interest if paid in 30 years? _______________
If I have a mortgage of $200,000 payable in 360 payments at 6.25% APR
What is my monthly payment? _______________
What is my balance after 2 years? _______________
What would my payment be if I had a balloon payment of $100,000? _______________
If I can afford $1500 per month, and loans were available at 4.25% for 30years
What amount of loan would be available to me? _______________
What if I could increase my monthly payment to $2000, what amount could I have? _______________
How long will it take to pay off my $350,000 mortgage @5.5%
If I pay $2500 per month? _______________
If I pay $3000 per month? _______________
I have a loan for $300,000 amortized for 30 years payable at $1500/mo at 4.5%
What is the balloon payment at the end of the term? _______________
What would my payment be if it were fully amortized? _______________
What would the monthly payment be on an interest only loan of $850,000
@6.6% with a term of 5 years? _______________
@6.0% with a term of 3 years? _______________
If I made no payments, what amount would the principle be after one year @5.75% _______________
Paying $1650/mo for 20 years @ 4.83 with a balloon payment of $15,000 will get you what original loan amount? _______________, what amount if no balloon payment? ________________
For a loan of $250,000, amortized for 25 years payable at $1500/mo
What is the interest rate? _______________
What is the balance after 3 years of paying? _______________