For the second mortgage application, calculate the percentage of appraised value and the potential credit (in $). Appraised Lender's Percentage of Balance of Value Percentage Appraised Value (in $) First Mortgage $326,700 75% $198,500 Potential Credit (in $)
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- For the second mortgage application, calculate the percentage of appraised value and the potential credit (in $). Appraised Lender's Value Percentage of Percentage Appraised Value (in $) Balance of First Mortgage $358,700 75% $ $198,500 $ Potential Credit (in $)For the second mortgage application, calculate the percentage of appraised value and the potential credit (in $). Appraised Value Percentage of Appraised Value (in $) Lender's Balance of Potential Percentage First Mortgage Credit (in $) $121,500 70% $53,100 $For the second mortgage application, calculate the percentage of appraised value and the potential credit (in $). Appraised Value Percentage of Percentage Appraised Value (in $) Lender's Balance of Potential First Mortgage Credit (in $) $326,700 75% $198,500 %24
- For the second mortgage application, calculate the percentage of appraised value and the potential credit (in $). Appraised Value Percentage of Percentage Appraised Value (in $) First Mortgage Potential Credit (in $) Lender's Balance of $123,500 70% $53,100For the second mortgage application, calculate the percentage of appraised value and the potential credit (in $). Appraised Lender's Balance of Percentage of Appraised Value (in $) Potential Value Percentage First Mortgage Credit (in $) $127,500 70% 2$ $53,400 2$Calculate the percentage of appraised value and the potential credit available for a second mortgage if the appraised value is $324,600, the lender's percentage is 75% and the balance owed on the first mortgage is $197,500. Appraised Lender's Value Balance of Percentage of Appraised Value Potential Percentage First Credit Mortgage
- Using this table as needed, calculate the required information for the mortgage. AmountFinanced InterestRate Termof Loan(years) Numberof $1,000sFinanced TableFactor(in $) MonthlyPayment(in $) TotalInterest(in $) $89,500 8.00% 30 $ $ $For the second mortgage application, calculate the percentage of appraised value and the potential credit (in $ ). \table[[\table[[Appraised],[Value]],\table[[Lender's],[Percentage]],\table[[Percentage of],[Appraised Value (in $)]],\table[[Balance of],[First Mortgage]],\table[[Potential],[Credit (in $)]]],[$356,900,75%,$,$196,500,$For the appraised Valve Appraised Nice 356,700 Second Mortgage Application Calculate the percentage and potential Credit? Lenders 75% 1st Percentage of Approved Value Balance of first Mortgage 194, 500 OF Potential credit) in (1)
- Using this table as needed, calculate the required information for the mortgage. (Round dollars to the nearest cent.) AmountFinanced InterestRate Termof Loan(years) Numberof $1,000sFinanced TableFactor(in $) MonthlyPayment(in $) TotalInterest(in $) $168,300 7.25% 15 168.3 $ $ $Using this table as needed, calculate the required information for the mortgage. Number Table Monthly Payment (in $) Term Total Amount Interest of $1,000s Financed of Loan Factor Interest Financed Rate (years) (in $) (in $) $74,500 8.00% $| 30Using this table as needed, calculate the required information for the mortgage. Number Table Total Monthly Payment (in $) Term Amount Interest of Loan of $1,000s Factor Interest Financed Rate (years) Financed (in $) (in $) $85,500 8.00% 30 %24 %24 %24