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What is the Debt Service Payment?? And how did you calculate it?? Home Insert Page Layout Formulas Data Review View Calibri (Body) 11 9 General
What is the Debt Service Payment?? And how did you calculate it??
Home Insert Page Layout Formulas Data Review View Calibri (Body) 11 9 General $ - % Paste ) 0 Conditi Format E F G H 1 Inputs 2 Annual Interest Rate 3 Minimum DSCR 4 Maximum LTV 5 Cash Available to Close 6 Asking Price / Value 7 NOI 2015 Income Test Maximum Annual Mortgage Payment Maximum Loan Amount $13,364,295.65 $640,372.50 $11,136,913.04 5.75% IO loan, 5-year balloon 1.20 90% $1,500,000.00 $11,822,261.54 $768,447.00 Collateral Test Maximum Loan Amount LTV Test $10,640,035.38 Both tests Maximum Loan Amount Debt Service Payment $11,136.913.04 ??? Loan Ann Borrows Loan amount to buy the property Debt Service Payment $11,136,913.04 Home Insert Page Layout Formulas Data Review View Calibri (Body) 11 9 General $ - % Paste ) 0 Conditi Format E F G H 1 Inputs 2 Annual Interest Rate 3 Minimum DSCR 4 Maximum LTV 5 Cash Available to Close 6 Asking Price / Value 7 NOI 2015 Income Test Maximum Annual Mortgage Payment Maximum Loan Amount $13,364,295.65 $640,372.50 $11,136,913.04 5.75% IO loan, 5-year balloon 1.20 90% $1,500,000.00 $11,822,261.54 $768,447.00 Collateral Test Maximum Loan Amount LTV Test $10,640,035.38 Both tests Maximum Loan Amount Debt Service Payment $11,136.913.04 ??? Loan Ann Borrows Loan amount to buy the property Debt Service Payment $11,136,913.04Step by Step Solution
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