Mortgage Entries View

Property Price 1000000
Owed on Property 200000
Down Payment 800000
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 4676.72
Interest-Only Payment 3333.33
Total Interest Paid until Balloon Payment due 189244.73
Average Annual Interest Paid 37848.95
Loan Amount 800000
Loan Origination Fee [78]16000
Balloon Payment 708641.54
Initial Loan To Value Ratio 450632.53
Equity when Balloon Payment due 450632.53
Property value when balloon payment due: 1159274.07
LTV if Refinanced when Balloon due 159274.07
Appreciation 61.13