Lab2 - 9 $609,582.40 $84,363.75 $2,749,004.60 Todays Date...

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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% $66,338.50 $199,015.50 $1,219.02 Arnold $328,788.00 15 5.75% $49,318.20 $279,469.80 $2,309.68 Barber $500,000.00 15 5.75% $75,000.00 $425,000.00 $3,512.41 Bollis $112,485.00 30 6.25% $28,121.25 $84,363.75 $516.75 George $350,000.00 30 6.25% $87,500.00 $262,500.00 $1,607.88 Hood $761,978.00 20 6.00% $152,395.60 $609,582.40 $4,345.51 Morgan $192,940.00 15 5.75% $28,941.00 $163,999.00 $1,355.37 Paul $606,563.00 20 6.00% $121,312.60 $485,250.40 $3,459.19 Pinder $319,765.00 30 6.25% $79,941.25 $239,823.75 $1,468.99 Loan Term 15 5.75% 15% 20 6.00% 20% 30 6.25% 25% Loan Statistics Number of Loans
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Unformatted text preview: 9 $609,582.40 $84,363.75 $2,749,004.60 Todays Date 8/27/2011 Annual Interest Rate % Required for Down Payment Highest Amount Financed Lowest Amount Financed Total Amount Financed Interactive Loan Calculator Please provide the following information: Based on the information yo What is the price of the home? Interest o you wish to put any additional money down? 15 5.75% Pay at the beginning of the month? 20 6.00% 30 6.25% Years of Loan Enter New Values ou have provided, your loan options are Yes Down Payment No $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Monthly Mortgage Payment...
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This note was uploaded on 08/27/2011 for the course BUSSINESS BIS155 taught by Professor Foster during the Winter '11 term at DeVry Federal Way.

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Lab2 - 9 $609,582.40 $84,363.75 $2,749,004.60 Todays Date...

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