You want to purchase a house that is priced at 85000 you, Financial Management

+44 141 628 6080
[email protected]

You want to purchase a house that is priced at 85000 you

You want to purchase a house that is priced at $85,000. You can get a loan for 80 percent of the bank’s appraised value at 15.25% for 30 years with monthl y amortization. The bank’s appraiser has a theory that the value of a house is 95% of the asking price and appraises it accordingly. What will be your monthly payment if you take the loan?

Request for Solution File

Ask an Expert for Answer!!

Financial Management: You want to purchase a house that is priced at 85000 you

Reference No:- TGS01703151

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Financial Management

Q : You are currently re-evaluating your payables policy your

you are currently re-evaluating your payables policy your current suppliers offer terms of 1510 net 40 with a late

Q : Consider a firm with the following cash flows as of year

consider a firm with the following cash flows as of year 0sales 800 millioncost of goods sold 60 of salesselling

Q : Doctor bob purchased 100 acres of land 10 years ago for

doctor bob purchased 100 acres of land 10 years ago for 10000 per acre if he could have alternately invested the money

Q : Consider a new line of equipment that will cost 760000 and

consider a new line of equipment that will cost 760000 and will save a company 160000 in operating expenses for the

Q : You want to purchase a house that is priced at 85000 you

you want to purchase a house that is priced at 85000 you can get a loan for 80 percent of the bankrsquos appraised

Q : Short essay public financial administration please write a

short essay public financial administrationplease write a three 3 to five 5 page paper with a minimum of three 3

Q : A pension fund manager is considering three mutual funds

a pension fund manager is considering three mutual funds the first is a stock fund the second is a long-term government

Q : Suppose that you and your brother want to purchase 25 acres

suppose that you and your brother want to purchase 25 acres of land to start a christmas tree farm the owner is willing

Q : Review the financial statements for lake of egypt marina

review the financial statements for lake of egypt marina inccomplete the following problem sets in microsoft excel

1958564

Questions
Asked

3,689

Active Tutors

1435526

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

How is it rational for the owner of a factory or plantation

How is it rational for the owner of a factory or plantation to work his laborers to death or disability when they can easily be replaced cheaply?

What cases does female status tend to be highest

Question: In which of the following cases does female status tend to be highest? Group of answer choice

Review the real-life cat and mouse chase

Real-Life Cat and Mouse Chase: Understanding the Perceptions and Attitudes of Street Vendors of Metro Manila towards MMDA Regulation No. 03-004

What is meant by indigenismo

Question: What is meant by indigenismo (Keywords in Week 2)? What is las cronicas de castas (Cope)?

Symbolic interactionism took off as a theoretical approach

Question: Symbolic interactionism took off as a theoretical approach to the study of deviance during the 1960s

Why does victor coin the term hyper-violence

Why does victor coin the term hyper-violence instead of just using violence? And second, how is hyper-violence display in the Oakland community?

How are schools important in the struggle for power

Question: How are schools important in the struggle for power and status?