Get Instant Help From 5000+ Experts For
question

Writing: Get your essay and assignment written from scratch by PhD expert

Rewriting: Paraphrase or rewrite your friend's essay with similar meaning at reduced cost

Editing:Proofread your work by experts and improve grade at Lowest cost

And Improve Your Grades
myassignmenthelp.com
loader
Phone no. Missing!

Enter phone no. to receive critical updates and urgent messages !

Attach file

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

Guaranteed Higher Grade!
Free Quote
Certificate IV IN Finance and Mortgage Broking - FNS40811
Question
Answered
Certificate IV IN Finance and Mortgage Broking - FNS40811
Answer in Detail
Solved by qualified expert

The suitable loan product for the clients is for buying of investment property along with refinance is NAB FlexiPlus Mortgage Facility. This loan is suitable for the clients because they have the option of the flexibility regarding the borrowing limit with insurance. The clients will also get the option to pay interest against the loan. So, it can fulfill the requirement of the clients. The clients can get loan amount up to 90% of the purchase value of property ($280,000). The total funds required for the loan is $315,749. So, the rest of the money should be borrowed excluding the liquid cash or the clients can sell their one car (Toyota Ray) for the acquiring the extra fund for loan. The loan costs include stamp duty, application fees, transfer fees, registration of new fees. The due amount of loan of car is $25,000. So, it will be refinanced through the loan on property. Therefore, the total amount of fund required for the loan is ($280,000 + $25,000) $305,000 and also including other costs related with the loan.

1 More Pages to Come in This Document. Get access to the complete answer.

Stuck on Your Question?

Get 24x7 live help from our Top Tutors. All subjects covered.

question

Writing Get your essay and assignment written from scratch by PhD expert

Rewriting: Paraphrase or rewrite your friend's essay with similar meaning at reduced cost

Editing: Proofread your work by experts and improve grade at Lowest cost

Phone no. Missing!

Enter phone no. to receive critical updates and urgent messages !

loader
250 words

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

support
Whatsapp
callback
sales
sales chat
Whatsapp
callback
sales chat
close