Chap2_cap_housing_solution_kmcgoni

Chap2_cap_housing_solution_kmcgoni - 15 5.75%...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
First National Bank - New Loans Customer Selling Price Loan Term Interest Rate Down Payment Amount to be Financed Monthly Payment Allen $265,354.00 30 6.25% 16584.63 -$248,769.38 $8,978.55 Arnold $328,788.00 15 5.75% 18905.31 -$309,882.69 $21,459.60 Barber $500,000.00 15 5.75% 28750 -$471,250.00 $32,634.40 Bollis $112,485.00 30 6.25% 7030.31 -$105,454.69 $3,806.05 George $350,000.00 30 6.25% 21875 -$328,125.00 $11,842.64 Hood $761,978.00 20 6.00% 45718.68 -$716,259.32 $37,722.84 Morgan $192,940.00
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 15 5.75% 11094.05-$181,845.95 $12,592.96 Paul $606,563.00 20 6.00% 36393.78-$570,169.22 $30,028.79 Pinder $319,765.00 30 6.25% 19985.31-$299,779.69 $10,819.60 $381,985.89 Loan Term Interest Rate % Required for Down Payment 15 0.06 0.15 20 0.06 0.2 30 0.06 0.25 Loan Statistics 9 Number of Loans-$716,259.32 Highest Amount Financed-$105,454.69 Lowest Amount Financed-$3,231,535.93 Total Amount Financed Todays Date...
View Full Document

This note was uploaded on 04/27/2008 for the course CPSC 220 taught by Professor Forget during the Spring '08 term at Clemson.

Ask a homework question - tutors are online