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TEXAS REAL ESTATE FINANCE EXAM 2024| REAL EXAM QUESTIONS WITH 100% CORRECT ANSWERS

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TEXAS REAL ESTATE FINANCE EXAM 2024| REAL EXAM QUESTIONS WITH 100% CORRECT ANSWERS $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 $2548.87 - CORRECT ANSWER: Calculate the montly payment on an 80% loan with a sales price of $350,000 for 30 year term at 6.75%. The annual taxes are $7300 and the annual insurance premium is $1480. The loan factor is 6.49 per $1000. A) $2548.87 B) $3003.17 C) $2668.18 D) $2945.20

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  • texas real estate finance exam 2024 real exam que
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