Real estate/ Finance ( 1 question)


Submit one excel file, all derivative results’ cells must contain a formula, all inputs (apart from ordinary annuity = 0 type setting) must be in separate, labelled cells.

Don't use plagiarized sources. Get Your Custom Essay on
Real estate/ Finance ( 1 question)
Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT!
Order Essay

You have had a 15yr FA FRM at 7% for 6 years. The original principal was $500,000. You are considering a cash-out refi into a 30-year mortgage at 5%. The old mortgage has no prepay penalty. The new mortgage has fixed fees of 4,000 and variable fees of 3%, and no prepay penalty. The additional cash is for $40,000 in home improvements and can be borrowed elsewhere at 7% over 10 years, with upfront fees of 3%.

Assume that all fees will be financed, and that under either scenario you will be moving 15 years from now. Ignore taxes, the option to wait to refinance, and assume no loan is prepaid, curtailed, nor ever defaults.

What is the NPV of refinancing if the opportunity cost of capital is 5%?

Homework Paper
Order NOW For A 10% Discount!
Pages (550 words)
Approximate price: -

Our Advantages

Plagiarism Free Papers

All our papers are original and written from scratch. We will email you a plagiarism report alongside your completed paper once done.

Free Revisions

All papers are submitted ahead of time. We do this to allow you time to point out any area you would need revision on, and help you for free.

Free Title-page

A title page preceeds all your paper content. Here, you put all your personal information and this we give out for free.

Free Bibliography

Without a reference/bibliography page, any academic paper is incomplete and doesnt qualify for grading. We also offer this for free.

Originality & Security

At, we take confidentiality seriously and all your personal information is stored safely and do not share it with third parties for any reasons whatsoever. Our work is original and we send plagiarism reports alongside every paper.

24/7 Customer Support

Our agents are online 24/7. Feel free to contact us through email or talk to our live agents.

Try it now!

Calculate the price of your order

We'll send you the first draft for approval by at
Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

We work around the clock to see best customer experience.


Flexible Pricing

Our prices are pocket friendly and you can do partial payments. When that is not enough, we have a free enquiry service.


Admission help & Client-Writer Contact

When you need to elaborate something further to your writer, we provide that button.


Paper Submission

We take deadlines seriously and our papers are submitted ahead of time. We are happy to assist you in case of any adjustments needed.


Customer Feedback

Your feedback, good or bad is of great concern to us and we take it very seriously. We are, therefore, constantly adjusting our policies to ensure best customer/writer experience.