Business, 08.10.2019 20:20, bullockarwen

After graduating from nyu stern, you join the cre originations business at a large commercial bank. in your first deal, your bank originates a $35m fixed rate commercial mortgage with a 4.75% annual interest rate, 10 year term, 30 year amortization period, and monthly payments. what is the size of the balloon payment due on this mortgage?

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After graduating from nyu stern, you join the cre originations business at a large commercial bank....