Mortgage Entries View

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