Calculator Problem – 04/22/2013
You have a thirty thousand dollar mortgage at six percent amortized over thirty years. What are the payments? (The answer will be posted with the new calculator problem in 2 … Read more
You have a thirty thousand dollar mortgage at six percent amortized over thirty years. What are the payments? (The answer will be posted with the new calculator problem in 2 … Read more
If you invest $1000 to receive 55% of a $250 monthly payment for 72 months, what is your return? (The answer will be posted with the new calculator problem in … Read more
If you made a payment of $14,500 a month, how much could you borrow on a thirty year loan at 6%? (The answer will be posted with the new calculator … Read more
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
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
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
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
Assume you can make 8% on your money. If you make an offer on a property that is structured with $50,000 down and $25,000 paid in eight years and another … Read more
If a house rents for $800 a month and expenses are 40% of the gross rents, how big of a loan will the net rent support if thirty year loans … Read more
An interesting point from a blog about the impacts of long-term vs. short-term financial mistakes. Something we need to learn from in our personal finances as well. Stockton Bankrupt; Unions … Read more