Question
How to calculate a mortgage constant in calculator? Ex. NOI = 100,000 Debt Coverage Ratio = 1.25 = Mortgage Payment = 80,000 10% mortgage compounded
How to calculate a mortgage constant in calculator?
Ex. NOI = 100,000
Debt Coverage Ratio = 1.25
= Mortgage Payment = 80,000
10% mortgage compounded semi-annually, with monthly payments, 25 year amortization
Please show computation.
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Investments Analysis and Management
Authors: Charles P. Jones
12th edition
978-1118475904, 1118475909, 1118363299, 978-1118363294
