Lecture7_Data_Tables_Amort(2)

Lecture7_Data_Tables_Amort(2) - 210,594.56 8,606.00...

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Loan Payment Calculator Date 3-Mar-2010 Rate 5.75% Year Item Home Years 18 1 Price $265,000.00 Monthly Payment $1,748.80 2 Down Payment $30,000.00 Total Interest $142,740.46 3 Loan Amount $235,000.00 Total Cost $407,740.46 4 Interest Rate Schedule 5 Rate Monthly Payment Total Interest Total Cost 6 $1,748.80 $142,740.46 $407,740.46 7 4.50% 1,589.36 108,302.37 373,302.37 8 4.75% 1,620.58 115,044.51 380,044.51 9 5.00% 1,652.13 121,859.98 386,859.98 10 5.25% 1,684.02 128,748.21 393,748.21 11 5.50% 1,716.24 135,708.58 400,708.58 12 5.75% 1,748.80 142,740.46 407,740.46 13 6.00% 1,781.68 149,843.19 414,843.19 14 6.25% 1,814.89 157,016.11 422,016.11 15 6.50% 1,848.42 164,258.51 429,258.51 16 6.75% 1,882.27 171,569.68 436,569.68 17 7.00% 1,916.43 178,948.90 443,948.90 18 7.25% 1,950.90 186,395.42 451,395.42 7.50% 1,985.69 193,908.46 458,908.46 7.75% 2,020.77 201,487.26 466,487.26
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Amortization Schedule $235,000.00 $227,326.79 $7,673.21 $13,312.37 227,326.79 219,200.56 8,126.23 12,859.35 219,200.56
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Unformatted text preview: 210,594.56 8,606.00 12,379.58 210,594.56 201,480.45 9,114.10 11,871.48 201,480.45 191,828.26 9,652.20 11,333.38 191,828.26 181,606.20 10,222.06 10,763.52 181,606.20 170,780.63 10,825.57 10,160.01 170,780.63 159,315.92 11,464.71 9,520.87 159,315.92 147,174.34 12,141.58 8,844.00 147,174.34 134,315.92 12,858.42 8,127.16 134,315.92 120,698.34 13,617.58 7,368.00 120,698.34 106,276.78 14,421.56 6,564.02 106,276.78 91,003.77 15,273.01 5,712.58 91,003.77 74,829.05 16,174.72 4,810.86 74,829.05 57,699.38 17,129.67 3,855.91 57,699.38 39,558.37 18,141.01 2,844.57 39,558.37 20,346.32 19,212.05 1,773.53 20,346.32 0.00 20,346.32 639.26 Subtotal $235,000.00 $142,740.46 Down Pymt $30,000.00 Total Cost $407,740.46 Beginning Balance Ending Balance Paid On Principal Interest Paid...
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Lecture7_Data_Tables_Amort(2) - 210,594.56 8,606.00...

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