Calculator Problem – 02/25/2013
If you have a thirty year fixed loan for $720,000 at 3.75% and you wrap it with a thirty year fixed rate loan for $810,000 at 6%, how much will … Read more
Calculator Problem – 02/11/2013
If you sell a house and carry back a mortgage for $810,000 at 6% for 30 years, what would be the payment you would receive? (The answer will be posted … Read more
Calculator problem – 01/28/2013
What is the payment on a thirty year loan for $720,000 at a fixed rate of 3.75%? (The answer will be posted with the new calculator problem in 2 weeks. … Read more
Calculator Problem – 01/14/2013
If he invested the extra money at 10%, how much money would he have when the house was paid off? (The answer will be posted with the new calculator problem … Read more
Calculator Problem – 12/31/2012
You buy a house for $70,000 with an 80% LTV loan at 4.25%. It will rent for $795 with expenses of 30%. If you used all of the net rent … Read more
Calculator Problem – 12/17/2012
Would you be willing to pay $40,000 principal pay down on a loan to save 1.25% on $75,000 a year? (The answer will be posted with the new calculator problem … Read more
Calculator Problem – 12/03/2012
If you wanted to create your own annuity with $60,000 and you wanted to take $400 a month out for 20 years, how much would you need to earn on … Read more
Calculator Problem – 11/19/2012
What is the effective interest rate of a $100,000 loan at 12.5% with 3 points added into the loan over a six month term if it compounds monthly and has … Read more
Calculator problem – 11/05/2012
You invest $100,000 at 22% for thirty six months. You get paid $1000 every month and the rest accrues. What is amount you will receive at the end? (The answer … Read more
Calculator Problem – 10/22/2012
You need to borrow $100,000. You have two loan options: 1) 3.5% amortized over 30 years. 2) 3% amortized over 15 years. If you discount the payments streams at 8%, … Read more