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Jennifer Johnson296_Unit_4_DS Project

# Jennifer Johnson296_Unit_4_DS Project - 36,428.36 8,637.34...

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Unit 4 DS Unit 4 Distingueshed Scholar Project 1 2 3 Year Rate Beginning Amount 1.00 6.0% 150,000.00 2.00 7.0% 123,390.54 3.00 8.0% 95,599.52 4.00 9.0% 5.00 10.0% Fixed Rate Comparison space …. Here we will calculate and compare the total cost of Year Beginning Principal 1 - 6% 150,000.00 2 - 7% 123,479.52 3 - 8% 95,762.61 4 - 9% 66,350.50 5 - 10% 34,661.51 Total Payments John's Fixed Rate Loan 7.50% Principal Interest 150,000.00 30,341.54

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Shedule Computed With an ARM 4 5 Payment Interest R 35,609.46 9,000.00
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Unformatted text preview: 36,428.36 8,637.34 f a fixed rate mortgage. Interest Principal Total Payments End Principal 8,278.56 26,520.48 34,779.04 123,479.52 7,765.53 27,716.91 35,482.44 95,762.61 6,598.08 29,412.12 36,010.20 66,350.50 4,685.53 31,688.99 36,374.52 34,661.51 1,906.06 34,661.54 36,567.60 0.00 179,213.80 Better Deal Total Payments 180,341.54 6 7 Repayment of Principal Ending Balance 26,609.46 123,390.54 27,791.02 95,599.52...
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Jennifer Johnson296_Unit_4_DS Project - 36,428.36 8,637.34...

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