| Property Price | 1000000 |
|---|---|
| Owed on Property | 800000 |
| Down Payment | 200000 |
| Annual Property Appreciation | 3 |
| Loan Origination Fees | 2 Percent |
| Add Application Fee to Loan? | No |
| Annual Interest Rate(%) | 5 |
| Amortization Term | 25 Years |
| Balloon Payment Due | 5 Years |
| P & I Payment | 1169.18 |
| Interest-Only Payment | 833.33 |
| Total Interest Paid until Balloon Payment due | 47311.18 |
| Average Annual Interest Paid | 9462.24 |
| Loan Amount | 200000 |
| Loan Origination Fee | [78]4000 |
| Balloon Payment | 177160.38 |
| Initial Loan To Value Ratio | 982113.69 |
| Equity when Balloon Payment due | 982113.69 |
| Property value when balloon payment due: | 1159274.07 |
| LTV if Refinanced when Balloon due | 159274.07 |
| Appreciation | 15.28 |