Loan%20Payment%20Calculator(1)

Loan%20Payment%20Calculator(1) - 33,383.52 7.00% 1,554.97...

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Loan Payment Calculator Amortization  Date 7-May-2009 Rate 6.25% Year Item House Years 15 1 $173,000.00 $165,808.72 Price $198,000.00 Monthly Payme $1,483.34 2 165,808.72 158,154.88 Down Pymt $25,000.00 Total Interest $94,001.48 3 158,154.88 150,008.74 Loan Amt $173,000.00 Total Cost $292,001.48 4 150,008.74 141,338.62 Interest Rate Schedule 5 141,338.62 132,110.82 Rate Monthly Pymt Total Interest Total Cost 6 132,110.82 122,289.47 $1,483.34 $94,001.48 $292,001.48 7 122,289.47 111,836.40 5.50% 1,413.55 81,439.79 279,439.79 8 111,836.40 100,710.96 5.75% 1,436.61 85,589.70 283,589.70 9 100,710.96 88,869.92 6.00% 1,459.87 89,777.02 287,777.02 10 88,869.92 76,267.24 6.25% 1,483.34 94,001.48 292,001.48 11 76,267.24 62,853.94 6.50% 1,507.02 98,262.83 296,262.83 12 62,853.94 48,577.86 6.75% 1,530.89 102,560.81 300,560.81 13 48,577.86
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Unformatted text preview: 33,383.52 7.00% 1,554.97 106,895.12 304,895.12 14 33,383.52 17,211.86 7.25% 1,579.25 111,265.50 309,265.50 15 17,211.86 0.00 7.50% 1,603.73 115,671.65 313,671.65 Subtotal 7.75% 1,628.41 120,113.27 318,113.27 Down Pymt 8.00% 1,653.28 124,590.06 322,590.06 Total Cost Beginning Balance Ending Balance Schedule $7,191.28 $10,608.82 7,653.84 10,146.26 8,146.15 9,653.95 8,670.12 9,129.98 9,227.80 8,572.30 9,821.35 7,978.75 10,453.07 7,347.03 11,125.43 6,674.66 11,841.04 5,959.06 12,602.68 5,197.42 13,413.31 4,386.79 14,276.08 3,524.02 15,194.34 2,605.76 16,171.67 1,628.43 17,211.86 588.24 $173,000.00 $94,001.48 $25,000.00 $292,001.48 Paid On Principal Interest Paid...
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This note was uploaded on 04/02/2008 for the course MIS 120 taught by Professor Adams during the Winter '08 term at University of Michigan.

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Loan%20Payment%20Calculator(1) - 33,383.52 7.00% 1,554.97...

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