chap2_cap_housing_solution

chap2_cap_housing_solution - $1,602.19 Paul $606,563.00 20...

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First National Bank - New Loans Customer Selling Price Loan Term Interest Rate % Required for Down Payment Down Payment Allen $265,354.00 30 6.25% 25.00% $16,584.63 $248,769.38 $1,633.83 Arnold $328,788.00 15 5.75% 15.00% $18,905.31 $309,882.69 $2,730.29 Barber $500,000.00 15 5.75% 15.00% $28,750.00 $471,250.00 $4,152.05 Bollis $112,485.00 30 6.25% 25.00% $7,030.31 $105,454.69 $692.59 George $350,000.00 30 6.25% 25.00% $21,875.00 $328,125.00 $2,155.01 Hood $761,978.00 20 6.00% 20.00% $45,718.68 $716,259.32 $5,459.05 Morgan $192,940.00 15 5.75% 15.00% $11,094.05 $181,845.95
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Unformatted text preview: $1,602.19 Paul $606,563.00 20 6.00% 20.00% $36,393.78 $570,169.22 $4,345.61 Pinder $319,765.00 30 6.25% 25.00% $19,985.31 $299,779.69 $1,968.85 381,985.89 Loan Term Interest Rate % Required for Down Payment 15 5.75% 15.00% 20 6.00% 20.00% 30 6.25% 25.00% Loan Statistics Number of Loans 9 716,259.32 105,454.69 3,231,535.93 Todays Date James Burt Amount to be Financed Monthly Payment Highest Amount Financed Lowest Amount Financed Total Amount Financed...
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This note was uploaded on 05/08/2011 for the course ACCOUNTING 094-ACC-C0 taught by Professor Rosa during the Winter '10 term at UCSB.

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