ssible analysis that determine whether the clients will be able to repay the loan and interests in the future?

Q: If a friend who’d never heard of amortization before asked you to explain how loan payments work,…

A: Amortization is a technique used in accounting to decrease the book value of such a loan or…

Q: banker requires financial information to assess whether:   I. The borrower can repay the loan…

A: Loan is amount of money lent by borrower which can be used for the purpose of business or any other…

Q: 1.Discuss the content of microfinance act of 2006

A: Microfinance had been launched in Kenya on Dec. 30, 2006. It lays out all of the licensing,…

Q: ate one (1) problem situation concerning a loan amortization problem. Make a brief description of…

A: We need to create a loan amortization table for any practical situation.

Q: How can Kate determine whether sentiments will be able to meet its interest and principal payments…

A: Step 1   Financial statements will provide information related to the company’s revenue, expenses,…

Q: Explain the Other characteristics of home equity loans?

A: A type of loan under which equity is used as collateral by the borrower is known as a home equity…

Q: When would you would use a Personal Loan? Why would you choose a Personal Loan over other methods of…

A: “Since you have posted multiple questions, we will solve fist question for you. If you want any…

Q: Benefits of a savings account for borrowers ?

A: The saving account refers to the type of account in a bank that provides the facility to deposit the…

Q: GSIS loans

A: GSIS Loan  The general qualifications are actually quite simple just like the other government…

Q: What is private mortgage insurance?  How does it work to protect a lender from risk?   What are the…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: A. Define interest rate risk and reinvestment risk. B. Why do banks and life insurance…

A: Risk refers to the potential losses that might be incurred by the investor from the investment made.…

Q: Discuss the 8 factors that a lender should consider when deciding whether to grant or not grant a…

A: Any business want to put your best foot forward when applying for a loan but this can be difficult…

Q: Discuss whether a Mortgage Reducing Term Takaful can be taken for coverage of a conventional housing…

A: MRTT or Mortgage Reducing Term Takaful is referred as the takaful plan, which offers the home…

Q: Discuss the basics of loan amortization and develop a loan amortization schedulethat you might use…

A: Loan amortization is the schedule that shows how the borrower will pay the debt in the future It is…

Q: Discuss the present value of an annuity due with an example

A: Present value of an annuity An Annuity is a stream of regular periodic payments made or received for…

Q: Can borrowers pay off part, or all, of loans any time that they desire?

A: No, borrowers can not make payment in part, or full loan amount at whatever time they desire to pay.…

Q: When would there be a discount on a loan? How about a premium?

A: The loan is purchased to finance the purchase of equipment, education purposes, the purchase of…

Q: What are the different types of SSS loans?

A: A SSS loan is given in the Philipines, which is majorly divided into three categories.

Q: Explain GPM Mortgage Loans and Effective Borrowing Costs

A: Graduated-payment contract (GPM) loans: It may be a sort of fixed-rate mortgage in which…

Q: Describe the role of mortgage bankers and how they earn profits?

A: Mortgage Bankers are people or intermediaries within financial institutions who helped in the…

Q: Which are the fundamental relationships to know in any loan refinancing decision include at least…

A: Loan refinancing decision involves replacement of an existing debt with a new debt. The intention of…

Q: A mortgage is a common type of:   Question 2 options:   Payment   Perpetuity   Annuity   Future…

A: Loan is defined as an amount obtained by a person from a lender that requires the obligation of…

Q: What is a loan amortization schedule, and what are some ways these schedules are used?

A: Loan Amortization Schedule- An amortization schedule is a table that provides the details of the…

Q: Explain The Federal Home Loan Mortgage Corporation?

A: Federal Home Loan Mortgage Corporation is a private corporation which is established with the…

Q: Illustration the mortgage for future advances?

A: The question is based on the concept of mortgage or security used for line of credit for future…

Q: What are the 5 Cs of credit that are sometimes used by bankers and others to determine whether a…

A: While granting credit banks do analysis of that loan amount will be repaid without any problem.

Q: Why we need to know the interest, annuities, amortization and mortgage especially in real life?

A: Money charged on a regular basis at a set rate for the use of borrowed funds or to postpone debt…

Q: Which task do all finance careers have in common, and which task is designed mainly for insurance…

A: Most Finance careers entail analyzing & reviewing financial information such as budgets, credit…

Q: How does compound interest affect the loans you undertake? For example, how would this  affect…

A: Interest is an additional value which is charged on borrowed or deposited amount. Interest can be an…

Q: payments. What is her effective rate of interest?

A:

Q: Explain the 5 C’s that creditors look for in borrowers. Which ones are the most important?  Which…

A: A borrower is an individual or an institution that borrows money or loan from the lender for a…

Q: What are a few things to consider before you cosign a loan?

A: Cosigning a loan means that in case the borrower is unable to make the payments due on loan the…

Q: Explain the term Loan Repayment Schedule?

A: Loan is a sum of money borrowed by an individual/organization from a bank or lender that has to be…

Q: What are mortgage discount points?  When does it make sense to pay points on a loan?  How can a…

A: Mortgage discount point are all such points which will be reducing the total amount of fees which an…

Q: Determine the effective interest rate to the borrower.

A: The effective interest rate to the borrower would be calculated using the nominal rate. The…

Q: Given the role of the loan originator in the securitization process of a mortgage loan described in…

A: Securitization: A process of combining various financial assets and then selling this pool to…

Q: Explain how Tvm concepts of present and future value impact 401 planning for retirement.

A: The idea of the time value of money (TVM) holds that a quantity of money is worth more now than it…

Q: Briefly define each of the five key financial assets. Is every financial asset also a financial…

A: Financial assets is defined as the liquid asset, which gets their value from the contractual right…

Q: If a bank client requests a loan for the acquisition of real estate, what type of loan is he/she…

A: Most clients take a home loan for purchasing real estate. For this they have to comply with certain…

Q: Discuss the two theories of mortgage default. What are the most important factors that influence the…

A: Mortgage Default In simple term mortgage default which is described as default from the borrower to…