Property Price | 2000000 |
---|---|
Owed on Property | 400000 |
Down Payment | 1600000 |
Annual Property Appreciation | 6 |
Loan Origination Fees | Percent |
Add Application Fee to Loan? | No |
Annual Interest Rate(%) | 7.5 |
Amortization Term | 30 Years |
Balloon Payment Due | 5 Years |
P & I Payment | 11187.43 |
Interest-Only Payment | 10000.00 |
Total Interest Paid until Balloon Payment due | 585124.91 |
Average Annual Interest Paid | 117024.98 |
Loan Amount | 1600000 |
Loan Origination Fee | [78] |
Balloon Payment | 1513879.14 |
Initial Loan To Value Ratio | 1162572.02 |
Equity when Balloon Payment due | 1162572.02 |
Property value when balloon payment due: | 2676451.16 |
LTV if Refinanced when Balloon due | 676451.16 |
Appreciation | 56.56 |