Monthly mortgage payment

Assignment Help Operation Management
Reference no: EM131989564

Louisa is purchasing a 125000 home and her bank is offering her a 30-year mortgage at a 4.75% interest rate. In order to lower her monthly payment ,Louisa will make a 20% down payment and will purchase 2 points. What will her monthly mortgage payment be?

Reference no: EM131989564

Questions Cloud

Primary mechanisms of corporate governance in chad : What are the primary mechanisms of corporate governance in Chad? Are they required by legal mandate or adopted at the discretion of the company?
What is the stated interest rate on the bonds : What is the stated interest rate on the bonds? What is the effective interest rate on the bonds? Why is there a difference between these two numbers?
Balance sheet after payment of the cash? dividend : What would happen to the? firm's balance sheet after payment of the cash? dividend?
Calculate npv of each project and assess its acceptability : Calculate the NPV of each project, and assess its acceptability. Calculate the IRR for each project, and assess its acceptability.
Monthly mortgage payment : In order to lower her monthly payment ,Louisa will make a 20% down payment and will purchase 2 points. What will her monthly mortgage payment be?
Why were you the one who was afraid of change : Were you the one who was afraid of change? For example, was fear caused by uncertainty? A fear of loss Disruption in interpersonal relationships?
Why do you think it is difficult to understand the purpose : Why do you think it is difficult to understand the purpose of the statement of retained earnings?
What type of fixed costs would you expect : What type of fixed costs would you expect? What other factors would influence the amount you would charge for the event?
How does the transfer affect the computation of net income : In preparing financial statements for 2015, how does this transfer affect the computation of consolidated net income?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd