Property Price | 2000000 |
---|---|
Owed on Property | 200000 |
Down Payment | 800000 |
Annual Property Appreciation | 2 |
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 | 1499520.07 |
Equity when Balloon Payment due | 1499520.07 |
Property value when balloon payment due: | 2208161.61 |
LTV if Refinanced when Balloon due | 208161.61 |
Appreciation | 32.09 |