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Updated over 4 years ago,

Ryan McKinney's profile image
Ryan McKinney's profile image
Ryan McKinney
  • Member since Jan 8, 2019
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Ryan McKinney's profile image
Ryan McKinney's profile image
Ryan McKinney
  • Member since Jan 8, 2019
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Ryan McKinney
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5
Posts
General Landlording & Rental Properties

Help with the math on a owner carry?

Ryan McKinney
Posted

Purchase price $140,000,

5% down= $7000

$133,000 amor. over 30 years @3.75% with a balloon at ten years.

Monthly payment @615.94 for 120 months is  $73912.80

What would the ballon payment be?    59087.20????

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