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WebIf you can afford to pay $1,500 per month and need to borrow $100,000, how many months would it take to pay off the mortgage? 6. You are taking out a $100,000 mortgage loan to be repaid over 25 years in 300 monthly payments. a. If the interest rate is 16% per year, what is the amount of the monthly payment? b. WebOrigination fee: A one-time fee your lender charges to cover its loan-processing costs.Origination fees vary by lender and typically range between 1% and 8% of the total loan amount, depending ... greece rental apartments
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