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Posted on Aug 03, 2024

What is the balloon payment of a five year loan for $9.3 MM at 8.75% interest with monthly payments on a 20 year amortization schedule?

What is the balloon payment of a five year loan for $9.3 MM at 8.75% interest with monthly payments on a 20 year amortization schedule? $8,223,043.36 $4,368,894.24 $9,633,931.24 $6,323,232.23

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