You are offered loans from two competing lenders on the purchase of a $6.5 million property for a 5-year term (25-year amortization). Assume that payments are made ANNUALLY. The terms are outlined below: Loan 1 Loan 2 LTV Rate 62.5% 70.0% 6.375% 6.875% Fees (total) $55,000 $77,000 Calculate the incremental cost for the extra funds provided by loan 2. Hint: Remember that the loan will not be outstanding a full 25 years. ENTER YOUR ANSWER AS A DECIMAL WITH 4 PLACES. IF YOUR ANSWER

The payment necessary to amortize a 4.9% loan of $86,000 compounded annually, with 4 annual payments is ​$24,196.70. The total of the payments is ​$96,786.80 with a total interest payment of ​$10,786.80. The borrower made larger payments of ​$25,000.00. Calculate​ (a) the time needed to pay off the​ loan, (b) the total amount of the​ payments, and​ (c) the amount of interest saved.   a. The time needed to pay off the loan with payments of ​$25,000.00 is _____ years. ​(Round up to the nearest​ year.)   b. The total amount of the payments is ​$______ ​(Round to the nearest cent as​ needed.)   c. The amount of interest saved is ​$______. ​(Round to the nearest cent as​ needed.)

Suppose you borrow $14,000. The interest rate is 11%, and it requires 4 equal end-of-year payments. Set up an amortization schedule that shows the annual payments, interest payments, principal repayments, and beginning and ending loan balances. Round your answers to the nearest cent. If your answer is zero, enter "0".     Beginning     Repayment Ending Year Balance Payment Interest of Principal Balance 1 $  fill in the blank 60 $  fill in the blank 61 $  fill in the blank 62 $  fill in the blank 63 $  fill in the blank 64 2 $  fill in the blank 65 $  fill in the blank 66 $  fill in the blank 67 $  fill in the blank 68 $  fill in the blank 69 3 $  fill in the blank 70 $  fill in the blank 71 $  fill in the blank 72 $  fill in the blank 73 $  fill in the blank 74 4 $  fill in the blank 75 $  fill in the blank 76 $  fill in the blank 77 $  fill in the blank 78 $  fill in the blank 79

Find the payment necessary to amortize the loan.$2500; 6% compounded annually;  7 annual payments

The payment necessary to amortize a 4.5% loan of $81,000 compounded annually, with 5 annual payments is $18,451.12. The total of the payments is $92,255.60 with a total interest payment of $11,255.60. The borrower made larger payments of $19,000.00. Calculate​ (a) the time needed to pay off the​ loan, (b) the total amount of the​ payments, and​ (c) the amount of interest saved. Thank you~

Please no excel. Thanks   An 18-year loan of 21,000 may be repaid under the following two methods:   amortization method with equal annual payments at an annual effective rate of 6.1%   sinking fund method in which the lender receives an annual effective rate of 6.450% and the sinking fund earns an annual effective rate of j.   Both methods require payment of X to be made at the end of each year for 18 years. Calculate j.   Round your answer to one decimal place

You recently purchased an office building for $1,950,000 using the following loan terms: 70% LTV, 20-year amortization, 6.25% interest and monthly compounding. Assuming a net operating income of $150,000 in Year 1 and income taxes equal to $11,000, what is the expected ATCF from Operations in Year 1?

Givens, Hong, and Partners obtained a $8,100 term loan at 9.6% compounded annually for new boardroom furniture. Prepare a complete amortization schedule in which the loan is repaid by equal semiannual payments over three years. (Round your answers to the nearest cent. Do not round the intermediate calculations.) Payment Interest number Payment $ portion $ 0 DLN3 456 1 2 1624.80 1624.80 1624.80 1624.80 1624.80 1624.80 Principal portion $ Principal balance $ 8,100.00

prepare an amortization schedule showing the first four payments for each loan. Large semitrailer trucks cost $110,000 each. Ace Trucking buys such a truck and agrees to pay for it by a loan that will be amortized with 9 semiannual payments at 8% compounded semiannually.

Pls help correct thanks .   Prepare an amortization schedule for a three-year loan of $102,000. The interest rate is 11 percent per year, and the loan agreement calls for a principal reduction of $34,000 every year. How much total interest is paid over the life of the loan?.