What is the DCR if the bank underwrites a mortgage at 70% LTV Loan amount noi in year 1 loanterm interest rate loan type What if LTV has to be 80% and DCR equal to 1.7, what is the most you could borrow? 300000 700000 400000 20000 60000 5000C 30 years 30 years 30 years 12% 6% 8% amortizing Interest onl amortizing

What is the DCR if the bank underwrites a mortgage at 70% LTV Loan amount noi in year 1 loanterm interest rate loan type What if LTV has to be 80% and DCR equal to 1.7, what is the most you could borrow? 300000 700000 400000 20000 60000 5000C 30 years 30 years 30 years 12% 6% 8% amortizing Interest onl amortizing

Corporate Fin Focused Approach

5th Edition

ISBN:9781285660516

Author:EHRHARDT

Publisher:EHRHARDT

Chapter4: Time Value Of Money

Section4.17: Amortized Loans

Problem 1ST

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