第七章住宅融资分析(房地产金融与投资-武汉理工大学.pptVIP

Chapter 7 Residential Financial Analysis住宅融资分析 How to compare two loans with different loan term 如何比较具有不同条款的贷款 How to decide whether to refinance or prepay a loan 如何判定是否再融资 How to decide whether a loan assumption is desirable 贷款的代偿债务是否合理 7.1 Incremental Borrowing Cost 增量借款成本 Example: A lender willing to make a 80% first mortgage loan, or $80000,for 25 years at 12% interest. The same lender is also willing to lend 90%,or $90000, for 25 years at 13% interest. Both are CPMs. How should the borrower compare these alternatives? 增量借款成本计算 7.1.1 Early Repayment 7.1.2 Origination Fee