carlsoncolton2012 carlsoncolton2012

02-10-2021
Business

contestada

A customer is receiving a 7/1 interest-only ARM with an initial interest-only payment of $1,200 and an interest rate of 4.5%. What is the customer’s loan amount?

Respuesta :

daviannasharding415 daviannasharding415

04-10-2021

Answer:

The 7/1 Interest-Only ARM is a 30-year Adjustable Rate Mortgage loan that permits interest-only payments for the first 10 years, with required principal and interest monthly payments fully amortized over the remaining 20 years of the loan term, for the purchase and limited cash-out refinancing of owner-occupied single .

Answer Link

Otras preguntas

what is 5)47 and the remander

In the ______ stage of the training process, the content and resources that meet the goals and objectives set in the training’s design stage are determined and

Sunlight can be considered a food resource.

find 3/8 in simplest form

Convert 34.2mm to centimeters?

Mary paid $2 for a bottle of Orange Juice, can this be expressed as a rate?

y-3=3(x+1) What is the equation in standard form of a parallel line that passes through (0, -3)

How much physical activity should an adult have each week? a. 60 minutes per day, 7 days a week b. 30 minutes per day, 7 days a week c. 60 minutes per day, 5

in a week 13 hens laid 91 eggs what is the unit rate for eggs per hen please show your work thanks for the answers

Question 10. 10. Please choose the proper pronoun for the sentence below: Everyone celebrates _________ birthday, usually with a cake and presents. its his he