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Texas Real Estate Finance Exam/ Latest Update /Actual 200+ Questions And Verified Correct Answers Guaranteed A+
Preview 3 out of 22 pages
TEXAS REAL ESTATE FINANCE EXAM/ LATEST UPDATE /ACTUAL 200+ QUESTIONS AND VERIFIED CORRECT ANSWERS GUARANTEED A+ $1352.47 - CORRECT ANSWER: The sales price is $325,000 with a loan-to-value of 85%. The interest rate is 5 7/8%. The term is 30 years. What is the amount of interest the buyer will pay the first month of the loan? Use an actual year. A) $1592.50 B) $1565.42 C) $1330.60 D) $1352.47
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