Sales price = $375,000 Interest Rate on 1st mortgage = 3.750% Interest Rate on fixed rate 2nd mortgage = 4.00% 30-year fixed conventional Down Payment = 10% Taxes = $400 monthly Homeowners Insurance = $100 monthly What is the PITI using both mortgages? Choices: $2,014.35 $2,053.94 $2,118.41 $2,068.38

Find the indicated amounts for the fixed-rate mortgages. Purchase price of home $160,000 SO 5.00% 30 Click the icon to view the table of the monthly payment of principal and interest per $1,000 of the amount financed. Down Mortgage Interest payment amount rate Years Monthly payment Mortgage paid for Total payment mortgage per $1,000 ICHHI The mortgage amount is S (Round to the nearest dollar as needed.) The monthly payment per $1,000 is S. (Round to the nearest cent as needed.) The monthly mortgage payment is S The total mortgage payment is S The total interest is $ (Round to the nearest cent as needed.) (Round to the nearest dollar as needed.) (Round to the nearest dollar as needed.) Interest paid

What is monthly monthly mortgage insurance premium for following FHA mortgage during the first year of the loan: • Gross loan amount including up-front mortgage insurance premium: $180,000 • Average balance of base loan amount in first year: $178,416 Annual premium rate for FHA mortgage insurance (paid monthly): 0.85% (Input your answer rounded to the nearest whole penny and without the $ sign, e.g., 1000.01).

You get a 7.125% mortgage loan with front-end loan charges of $3,800. Will your APR be: (a) less than 7.125% (b) exactly 7.125% (c) greater than 7.125%

please show calculation for both clearly show mortgage schedule clearly answer in text without copy paste need complete and correct answer with full explanation

Using the residential mortgage-debt to income ratio of 28%, and total-debt to income ratio of 36%, what is the largest loan (with a 30-year FRM at 6%) you can qualify for if you make $38,000 a year and have outstanding debt with $250/month payments? O $113,418 O $140,107 O $150,112 $155,616 O $148,445

The difference between the monthly payments on a $120,000 mortgage at 6 ½% and at 8% for 25 years is: Multiple Choice   $81.12   $151.02   $115.93   $91.12

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Answer in the box is incorrect.

plz solve question 1 with explanation. I will givw u multiple upvotes.