In Denmark the site and the construction can be financed in the following way: 60% mortgage loan 20% bank loan 20% own financing *picture* The company chooses to build the warehouse in Denmark and...





In Denmark the site and the construction can be financed in the following way:




  • 60% mortgage loan




  • 20% bank loan




  • 20% own financing





*picture*





The company chooses to build the warehouse in Denmark and takes out the mortgage loan and the bank loan in Denmark.



c) Determine the remaining debt on the mortgage loan and on the bank loan for the construction in Denmark after 5 years.



Write an explanation of 1-2 paragraphs


The two loans are repaid after 5 years and replaced by a new mortgage loan. The size of the new mortgage loan is the total remaining debt of the two old loans after 5 years. The interest rate on the new mortgage loan is 0.3% per quarter and the duration is 10 years.



d) Determine the payment on the new mortgage loan and draw up an amortization schedule for the loan.



Write an explanation of 1-2 paragraphs








Mortgage loan (60%)<br>Bank loan (20%)<br>Payment per<br>DKK 83872.71<br>DKK 33254.65<br>quarter<br>Interest rate per<br>0.288%<br>0.75%<br>quarter<br>Duration<br>20 years<br>20 years<br>

Extracted text: Mortgage loan (60%) Bank loan (20%) Payment per DKK 83872.71 DKK 33254.65 quarter Interest rate per 0.288% 0.75% quarter Duration 20 years 20 years

Jun 11, 2022
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