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QUESTION
My scenario is a. home purchase 100,000 borrower 75% LTV 25% down payment b. Borrower 75,000 at 10 % interest only c.
My scenario isa. home purchase 100,000borrower 75% LTV 25% down paymentb. Borrower 75,000 at 10 % interest onlyc. payment amortized over 360 month or 30 years
Principal amountDown payment @ 25%Balance paymentRate of interestPayment TermsOption 1Borrower 75000 @ 10%RatePVF @ 10% for 30 yearsT otal payment 100000250007500010%360 months...