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 Based on the information provided in the case study and using the tools available to you  (e.g. loan calculators, including those available on lenders’ websites), provide your assessment of the clients’ loan application.  Consider and comment on issues such as:  maximum borrowing capacity of client capacity to meet deposit and total cash contribution for the loan requiredrepayment requirements based on the loan required  do they require Lenders Mortgage Insurance (LMI), and if so, how much will it cost and what are the options to pay fee what loan amount would you recommend  likelihood that the clients will be able to meet all their financial obligations any other issues that may impact, now or in the future, on the clients’ ability to meet their obligations, including any possible risks. Provide data to support your comments and conclusionsIn resource section template ASS 2 must be completed as part of this assessmentMost lenders stress test loan repayments by adding an additional 2–3% on to the loan repayments to make sure a borrower can afford the repayments. If interest rates moved 3% higher, what would Tim and Tina’s loan repayments be and do you think they would be able to cope with the extra repayments?

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Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

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FINA6017 Financial Management

Task: Learning Outcomes This assessment addresses the following subject learning outcomes:a) Apply the key theories and principles of financial management within varying contexts.b) Critically evaluate the role and content of each of the four main financial statements as sources of quantitative ...

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Financial Strategy Management

Assignment on Portfolio Creation Executive Summary The report aims to present Portfolio Creation for Anne Marie with risk objective and constraints. The initial portfolio corpus stood at $ 500,000 and shall be used for charity and other purpose. Three types of portfolio shal ...

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The Statement of Advice

Running head: BIOLOGY Biology Name of the Student Name of the University Author Note 1 BIOLOGY Positive feedback mainly refers to a system that elevates the power of deviations while causing outputs to change. This mainly lays reference upon the fact that positive feedback is when a single co ...

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FIN5IFM International Financial Management

Task: Question 1 (20 marks)   a. Discuss the benefits of the Euro for members of the European Union (EU). (4 marks)b. Having a common currency, however, has its own drawbacks. Explain why this might be the case, using the Greek crisis in 2010 as an illustration. (6 marks)c. Given the curre ...

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