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Course Description

Calculating mortgage costs involves examining the effective cost of borrowing. As alternative lending options, floating interest rate loans, mezzanine loans, and accrual loans also impact the effective cost of borrowing. In addition, the different payment methods used by lenders for amortizing mortgage loans affect the total loan costs. In this lesson, you will examine the range of debt financing options available in the contemporary debt capital markets. Using a sophisticated spreadsheet tool, you will calculate the true costs of mortgage loans, taking into account a wide range of possible fees and features. Finally, you will explore various payment methods and how they affect loan costs.

Benefits to the Learner

  • Examine characteristics of the effective cost of borrowing (ECB)
  • Evaluate the terms of floating interest rate loans and accrual loans
  • Assess payment methods and their effects on loan costs
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Type
self-paced (non-instructor led)
Dates
Oct 28, 2020 to Dec 31, 2030
Total Number of Hours
1.0
Course Fee(s)
Regular Price $0.00
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