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should I recommend with these numbers someone to finance a house with or fixable fixed mortgage and why? 7. Total Fixed Interest Rate 16534229.81 Total
should I recommend with these numbers someone to finance a house with or fixable fixed mortgage and why?
7. Total Fixed Interest Rate 16534229.81 Total Flexible Interest 20862253.92 ) Total interest paid for 10 years 7597236.896 7. Total Fixed Interest Rate 16534229.81 Total Flexible Interest 20862253.92 -) Total payments paid over lifetime of loan $26,234,229.81 ) Loan left after 20 years $5,941,402.44 -) Principle Reduction First PMT PMT at the end of 10 years PMT at the end of 20 years PMT at the end of 30 years 0.084878795 0.191818539 0.436473128 0.993171943 $0.92 0.808181461 0.563526872 0.006828057 nterest coverage Interest Principle PMT ) Interest paid in the first year 797378.0686 nterest paid in the last year $37,855.94 -) period: Months Beg. 1 9700000 2 $9,693,814.64 3 $9,687,586.75 4 $9,681,316.05 66687.5 $66,644.98 $66,602.16 $66,559.05 $6,185.36 $6,227.88 $6,270.70 $6,313.81 Ending $72,872.86 $9,693,814.64 $72,872.86 $9,687,586.75 $72,872.86 $9,681,316.05 $72,872.86 $9,675,002-24 ra 7 on Tynn79 7. Total Fixed Interest Rate 16534229.81 Total Flexible Interest 20862253.92 ) Total interest paid for 10 years 7597236.896 7. Total Fixed Interest Rate 16534229.81 Total Flexible Interest 20862253.92 -) Total payments paid over lifetime of loan $26,234,229.81 ) Loan left after 20 years $5,941,402.44 -) Principle Reduction First PMT PMT at the end of 10 years PMT at the end of 20 years PMT at the end of 30 years 0.084878795 0.191818539 0.436473128 0.993171943 $0.92 0.808181461 0.563526872 0.006828057 nterest coverage Interest Principle PMT ) Interest paid in the first year 797378.0686 nterest paid in the last year $37,855.94 -) period: Months Beg. 1 9700000 2 $9,693,814.64 3 $9,687,586.75 4 $9,681,316.05 66687.5 $66,644.98 $66,602.16 $66,559.05 $6,185.36 $6,227.88 $6,270.70 $6,313.81 Ending $72,872.86 $9,693,814.64 $72,872.86 $9,687,586.75 $72,872.86 $9,681,316.05 $72,872.86 $9,675,002-24 ra 7 on Tynn79Step by Step Solution
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