Lab2_marrero

Lab2_marrero - 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

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First National Bank New Loan Report Author Dayani Marrero Date 1/8/2012 Purpose Monthly "New Loan Report" for the Board of Directors to list and summarize all new loans for residential housing in the past month.
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First National Bank - New Loans Customer Selling Price Loan Term Interest Rate Down PaymentAmount to be FinancedMonthly 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
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Unformatted text preview: 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 9 $609,582.40 $84,363.75 $2,749,004.60 Todays Date 2/22/2012 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 you have provide, your loan option are: What is the price of the home? Years of Loan Interest Down Payment Do you wish to put any additional money down? 15 5.75% $0.00 Pay at beginning of month? No 20 6.00% $0.00 30 6.25% $0.00 Yes No Monthly Monrtgage Payment Enter New Values...
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This note was uploaded on 02/22/2012 for the course BIS 155 taught by Professor Frye during the Spring '10 term at DeVry Chicago.

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Lab2_marrero - 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

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