Monday Thoughts – 06/01/2015
You get a 65% LTV loan on a $770,000 purchase at 5% amortized over 25 years. What is the monthly payment? (The answer will be posted with the new calculator … Read more
Calculator Problem – 05/18/2015
What is the payment on a $1,000,000 loan at 4% amortized over four years? (The answer will be posted with the new calculator problem in 2 weeks. Or if you … Read more
Calculator Problem – 05/04/2015
If you have a note that is paying you $100 a month, how many payments would you need to sell to someone that wanted to make 7% on their money … Read more
Calculator Problem – 04/20/2015
If you borrowed $42,000 at 10% and made $2000 payments a month, how long would it take to pay off the loan? (The answer will be posted with the new … Read more
Calculator problem – 04/06/2015
You borrow $1,500,000 at 30 day LIBOR with a 1 3/4 spread amortized over 18 years. If LIBOR is 17 basis points today, what is your payment? (The answer will … Read more
Calculator Problem – 03/23/2015
What would be the payment on the bank portion of the loan? (See problem 02/23/2015) (The answer will be posted with the new calculator problem in 2 weeks. Or if … Read more
Calculator Problem – 03/09/2015
What would be the payment on the FSA portion of the loan? (See 02/23/2015 problem) (The answer will be posted with the new calculator problem in 2 weeks. Or if … Read more
Calculator Problem – 02/23/2015
You can purchase a farm with 5% down, 45% of the purchase price with a FSA loan at 1.5% amortized over 40 years (with a maximum FSA loan of $300,000) … Read more
Calculator Problem – 02/09/2015
You have a loan at 10% with payments of $132.15 a month that can be paid off in 63 months. What is the current balance of the loan? (The answer … Read more
Calculator Problem – 01/26/2015
If you start with $100,000 and add $100,000 a year in monthly installments earning 8% compounded monthly, how much money would you have at the end of 10 years? (The … Read more