Real Estate Finance & Investments 15th Edition by William Brueggeman, Jeffrey Fisher

تمرين 4

Regarding Problem 3, how much total interest and principal would be paid over the entire 30-year life of the mortgage in each case Which payment pattern would have the greatest total amount of interest over the 30-year term of the loan Why
(Reference Problem 3)
A fully amortizing mortgage loan is made for $100,000 at 6 percent interest for 30 years. Determine payments for each of the periods a - d below if interest is accured:
a. Monthly.
b. Quarterly.
c. Annually.
d. Weekly.