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Create the amortization table as indicated below

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已发布大约 6 年前

$10-30 USD

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Suppose that Isabel and Chris are very responsible first-time homebuyers. They have a down payment of $120,000 which is 20% of a $600,000 home that they hope will help them avoid private mortgage insurance (PMI). PMI is insurance to cover the lender in case the buyer is not able to repay the loan. With their down payment, Isabel and Chris have committed to stick to a sales price of $600,000 or less. They are working with a loan officer who has presented them with two different options. Plan A is that they borrow $480,000 on a 30-year fixed rate loan at an interest rate of 6%. Plan B is that they pay four points (4% of the loan) to get a lower interest rate, and then they roll the point amount into the loan amount. This means that they borrow $499,200 on a 30-year fixed rate loan to get a smaller interest rate of 5.5%. Isabel and Chris feel confused, so they call their parents and ask for advice. 
Note that the end balance for the last time point is most likely somewhat less than the regular payment. In this case, adjust the last payment accordingly. 1. Write a SAS program that uses a DATA step to create an amortization schedule for plans A and B. The program should create the following variables for each observation: time period (by month), beginning balance, payment amount, interest amount for that payment, principal for that payment, and the end balance. 2. To make matters worse, their parents say that no matter what plan they choose they should add an additional $150 to their payment every month so that they can pay off their loan earlier. This gives Isabel and Chris two more scenarios. Plan C is that they borrow $480,000 on a 30-year fixed rate loan at an interest rate of 6%, and they add an additional $150 each month to their principal. Plan D is that they pay four points (4% of the loan) to get a lower interest rate of 5.5% rolling it into the loan amount totaling $499,200, and they add an additional $150 each month to their principal. Create an amortization schedule for the $150 pre-payment plans C and D. Make sure that for each schedule only the time periods where there is an actual balance get output to the data set. In other words, scenarios C and D will allow them to pay the loan off sooner than 30 years, so only print the applicable time points. In this way, they will know how early the loan will be paid off. Also, throughout the schedule, the payment amount variable should include the $150 extra that they will be applying toward their principal balance.
项目 ID: 16733468

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Hi! I´m a expert SAS Developer-Analyst, i work with SAS Base in a Bank enterprise. If you want tell more about your project in chat. I will be glad to help you. Thanks
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"I am an Excel Expert with Professional experience working with Excel both with Formulas and Macro. Working with complicated formula and Developing Macro programs are part and parcel of my daily work. I am a Business (MBA) Graduate with major in Finance and MARKETING along with 5 years of experience in different analytical roles. Currently I am working for a MNC as an B2B Analyst Manager.I believe I can do a fantastic work for you if you provide me the opportunity. "
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Dear client, I am Jack201307. Thank you very much for posting the project “Create the amortization table as indicated below”. I am using SAS to analyze data every day, have 2 SAS certificates. Recently I successfully finished more than 70 projects relevant to yours on this and other freelance websites, which were related to almost all branches of Statistics and Data Science, including (logistic) regression, survival analysis (Cox PH model, etc.), mixed (multilevel) model, statistical tests and inferences, time series analysis (ARIMAX model, etc.), predictive models (decision tree, neural network, etc.), etc. Partly, my experience, skills and knowledge include: * 10+ years of experience with data manipulating, querying, analyzing, mining, and modeling. * 10+ years of teaching experience in universities as an associate professor. * Both Master Degree (3 years) and Bachelor Degree (4 years) in Applied Mathematics and Statistics * SAS Certified both Base and Advanced Programmer for SAS 9 credentials, obtained in Toronto of Canada Thank you very much for your time!
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I have high proficiency in SAS programming including data manipulation techniques,Excel, Excel VBA, R Programming Language, Machine learning, macros & sql and know how to use statistical techniques like regression & anova in SAS. Once you share the project, I will have a look & confirm if I can do it. I’m honest, creative and a unique person to carry out your tasks given to me. Leaving your project on our hand is a privileged; we'll make sure that the project is done in a perfect way and do our best until you satisfied. I would love to discuss this project with you and meet your exact requirements. I am confident I can provide you with top notch materials that will fit your needs. I'm proud my work on being professional, of the highest quality and always delivered on time.
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Hello, After reviewing your needs, I am confident I can complete this work for you right away. I am working on building my profile with completed jobs, so I am bidding at the lowest point of your Project Budget. I look forward to your reply! Thank you, -Eric.
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Hi am a CPA who passed the board and was part of the top 10. I believe that i could be of help for this job. Relevant Skills and Experience I have high grades in both financial accounting and financial mgt which covers the topic you are interested in.
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Hello, I am a SAS analyst with more than 6 years of experience working with clients across the globe. Please ping for futher details on your amortization table requirement. Regards, Yash
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