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Updated over 9 years ago on . Most recent reply

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18
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1
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Neema Fotoohi
  • New York City, NY
1
Votes |
18
Posts

Mortgage Calculation How To: Interest Only, 1st & 2nd Mortgage

Neema Fotoohi
  • New York City, NY
Posted

I'm looking to figure out how to calculate the mortgage payments if I have a first mortgage that's interest only for say 1-2 years and then for a conventional mortgage (or if the interest rate changes after the initial interest only mortgage).

Does anyone have a resource or Excel spreadsheet for this or have done this type of calculation before?

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