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Updated about 6 years ago,
[Calc Review] Please help understand Down payment
*This link comes directly from our calculators, based on information input by the member who posted.
Greetings,
I understand this rental analyses quite well but I just cant seem to wrap my head around where "Down payment" fees of $2, 962.53 comes from or apply! How is this value computed? Why do I care about the value when I know my ARV, how much loan I'm being offered and how much needs to come off my pocket to be able to close the deal (provided all goes as analysed).
Thanks,