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How would a balloon payment in year 10 effect IRR? Use excel please Use the amortization schedule below to calculate the Lender's IRR. Assume the
How would a balloon payment in year 10 effect IRR?
Use excel please
Use the amortization schedule below to calculate the Lender's IRR. Assume the loan balloons in Year 10. Loan Principal Amortization Term Loan Term Interest Rate Lender Fee Lender IRR $1,200,000 25 10 10.00% 4.00% 10.53% Interest Principal 4 7 8 9 10 11 12 13 14 15 16 17 Begin $1,200,000 $1,200,000 $1,199,096 $1,198,184 $1,197,264 $1,196,337 $1,195,402 $1,194,459 $1,193,509 $1,192,550 $1,191,584 $1,190,609 $1,189,626 $1,188,636 $1,187,636 $1,186,629 $1,185,613 $1,184,589 $1,183,556 $1,182,515 $1,181,465 $1,180,406 $1,179,338 $1,178,261 $1,177,176 $1,176,081 $1,174,977 $1,173,865 $1,172,742 $1,171,611 $1,170,470 $1,169,319 PMT $10,904 $10,904 $10,904 $10,904 $10,904 $ 10,904 $10,904 $10,904 $10,904 $ 10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $ 10,904 $10,904 $10,904 $10,904 $ 10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,000.00 $9,992.46 $9,984.86 $9,977.20 $9,969.47 $9,961.68 $9,953.83 $9,945.91 $9,937.92 $9,929.86 $9,921.74 $9,913.55 $9,905.30 $9,896.97 $9,888.58 $9,880.11 $9,871.57 $9,862.97 $9,854.29 $9,845.54 $9,836.71 $9,827.82 $9,818.84 $9,809.80 $9,800.68 $9,791.48 $9,782.20 $9,772.85 $9,763.42 $9,753.91 $9,744.33 $904.41 $911.95 $919.55 $927.21 $934.93 $942.73 $950.58 $958.50 $966.49 $974.55 $982.67 $990.86 $999.11 $1,007.44 $1,015.83 $1,024.30 $1,032.83 $1,041.44 $1,050.12 $1,058.87 $1,067.70 $1,076.59 $1,085.56 $1,094.61 $1,103.73 $1,112.93 $1,122.20 $1,131.56 $1,140.99 $1,150.49 $1,160.08 End $1,200,000 $1,199,096 $1,198,184 $1,197,264 $1,196,337 $1,195,402 $1,194,459 $1,193,509 $1,192,550 $1,191,584 $1,190,609 $1,189,626 $1,188,636 $1,187,636 $1,186,629 $1,185,613 $1,184,589 $1,183,556 $1,182,515 $1,181,465 $1,180,406 $1,179,338 $1,178,261 $1,177,176 $1,176,081 $1,174,977 $1,173,865 $1,172,742 $1,171,611 $1,170,470 $1,169,319 $1,168,159 Lender CF's ($1,152,000) $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $10,904 $ 10,904 18 19 20 21 22 23 24 25 26 27 28 29 30 31
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