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Updated about 17 years ago on . Most recent reply

J Schonkopf's profile image
J Schonkopf's profile image
J Schonkopf
  • Member since Feb 4, 2008
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J Schonkopf's profile image
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J Schonkopf
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J Schonkopf
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Private Lending & Conventional Mortgage Advice

10 year loan

J Schonkopf
Posted

doing this for a boss, little experience...

i was quoted a rate for 10 year loan that didn't pay out after the 10 yrs are up.

meaning the loan was for 1.8m and the payments were 11,377 so in 10 years it adds up to 1.4m about.

is this a mistake?

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