You are planning on taking out a mortgage and would like to determine the cash value for a given dowes paynerl Select one a down payment present value of penodic payments Ob down payment number of payments times payment size e present value of periodic payments d down payment future value of periodic payments Hand written plz

How do you calculate the rate on an Adjustable Rate Mortgage? Survey the cost of funds an local banks. O Use the amortization formula. With a financial calculator. O Index + Margin

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A buyer has agreed to purchase a home for $50,500. The buyer will assume a first mortgage in the amount of $32.200, will deposit $2.200 as earnest money, will deposit $5,600 in cash at cosing, and wl give the sellet a purchase- money mortgage for the balance. What is the amount of the purchase-money mortgage? a)$24,400 b)$18,300 c)$16,100 d)$10,500