chap2_cap_housing_solution_smilus

chap2_cap_housing_solution_smilus - Paul $606,563.00 20...

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First National Bank - New Loans Customer Selling Price Loan Term Interest Rate Down Payment Monthly Payment Allen $265,354.00 30 6.25% $66,338.50 $199,015.50 ($1,225.37) Arnold $328,788.00 15 5.75% $49,318.20 $279,469.80 ($2,320.75) Barber $500,000.00 15 5.75% $75,000.00 $425,000.00 ($3,529.24) Bollis $112,485.00 30 6.25% $28,121.25 $84,363.75 ($519.44) George $350,000.00 30 6.25% $87,500.00 $262,500.00 ($1,616.26) Hood $761,978.00 20 6.00% $152,395.60 $609,582.40 ($4,367.24) Morgan $192,940.00 15 5.75% $28,941.00 $163,999.00 ($1,361.86)
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Unformatted text preview: Paul $606,563.00 20 6.00% $121,312.60 $485,250.40 ($3,476.48) Pinder $319,765.00 30 6.25% $79,941.25 $239,823.75 ($1,476.64) $381,985.89 Loan Term Interest Rate 15 5.75% 15.00% 20 6.00% 20.00% 30 6.25% 25.00% Loan Statistics Number of Loans 9 Highest Amount Financed $609,582.40 Lowest Amount Financed $84,363.75 Total Amount Financed $2,749,004.60 25-Feb-11 Shahar Ilus Amount to be Financed % Required for Down Payment...
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