Chapter 16: Commercial mortgage types and decisions Understand why a partially amortized balloon mortgage exists Know how to calculate the monthly payment and the balloon
Chapter 16: Commercial mortgage types and decisions
Understand why a partially amortized balloon mortgage exists Know how to calculate the monthly payment and the balloon payment at the maturity of a commercial mortgage Know how an interest rate hike affects the value of a mortgage with a balloon payment and the value of a fully amortized mortgage Know the common restrictions on prepayment and the loan types with and without prepayment penalties Know how to calculate the internal rate of return (IRR) of a refinancing project
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Authors: David Hartzell, Andrew E. Baum
2nd Edition
1119526094, 978-1119526094
