A loan with principal balance of $11,500 and structured as a Custom Amortizing style amortization having 6.50%
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A loan with principal balance of $11,500 and structured as a Custom Amortizing style amortization having 6.50% fixed interest will cause the borrower to pay how much in total payments over the life of the loan on a pre-tax basis? The Amortization Structure for the 12 periods is 0.00%, 0.00%, 0.00%, 0.00%, 5.00%, 5.00%, 10.00%, 10.00%, 15.00%, 15.00%, 20.00%, 20.00%.
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Related Book For
Foundations Of Real Estate Financial Modelling
ISBN: 9781138046184
2nd Edition
Authors: Roger Staiger
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