Five Years Ago, You Borrowed $280,000 to Purchase a New Duplex
May 7, 2021
Answer for Five Years Ago, You Borrowed $280,000 to Purchase a New Duplex in $1 Only (Instant Download)

Five years ago, you borrowed $280,000 to purchase a new duplex in north scottsdale. at the time you were able to finance it with a 5/1 ARM (fully amortizing over 30 years) that will reset to a higher interest rate in year 6. when you made the purchase, you put 25% down and financed the remainder. the initial interest rate was 4.8%. once the fixed portion was completed, the rate would adjust annually to LIBOR plus 3%. what was your initial payment?
Price of Answer: Just US$1 only (Instant Download)
Need Assistance…?? email us at [email protected].
If you need any type of help regarding Homework, Assignments, Projects, Case study, Essay writing, or anything else then just email us at [email protected]. We will get back to you ASAP. Do not forget to maintain the time frame you need your work to be done.
You must be logged in to post a comment.