Mortgage info Purchase price $2,500,000 Holding period 2 LTV 79% Interest rate 4.0% Term 15 Amortization 15 Mortgage-Related Closing Costs Discount point (Lender) 0.75% Appraisal $500 Survey $800 Underwriting fee (Lender) $300 Origination fee (Lender) 1.25% What is the borrower's EBC?Group of answer choices5.154.25None of these are correct4.804.65 Mortgage info Purchase price $2,500,000 Holding period 2 LTV 79% Interest rate 4.0% Term 15 Amortization 15 Mortgage-Related Closing Costs Discount point (Lender) 0.75% Appraisal $500 Survey $800 Underwriting fee (Lender) $300 Origination fee (Lender) 1.25% What is the borrower's EBC?Group of answer choices5.154.25None of these are correct4.804.65

Mortgage info Purchase price $2,500,000 Holding period 2 LTV 79% Interest rate 4.0% Term 15 Amortization 15 Mortgage-Related Closing Costs Discount point (Lender) 0.75% Appraisal $500 Survey $800...

Mortgage info
Purchase price	$2,500,000
Holding period	2
LTV	79%
Interest rate	4.0%
Term	15
Amortization	15

Mortgage-Related Closing Costs
Discount point (Lender)	0.75%
Appraisal	$500
Survey	$800
Underwriting fee (Lender)	$300
Origination fee (Lender)	1.25%

What is the borrower's EBC?

Group of answer choices

5.15

4.25

None of these are correct

4.80

4.65

Mortgage info
Purchase price	$2,500,000
Holding period	2
LTV	79%
Interest rate	4.0%
Term	15
Amortization	15

Mortgage-Related Closing Costs
Discount point (Lender)	0.75%
Appraisal	$500
Survey	$800
Underwriting fee (Lender)	$300
Origination fee (Lender)	1.25%

What is the borrower's EBC?

Group of answer choices

5.15

4.25

None of these are correct

4.80

4.65

Jun 11, 2022