The problem I have with principals like the 2% rule is that they're too black & white.

3.500%Taxes ESTIMATED AT:$420.00Refinance Loan Amt (without UFMIP / Funding Fee):Hazard Insurance ESTIMATED AT:$100.00Loan Amt (without UFMIP / Funding Fee):$405,300PMI/FHA Mortgage Insurance:$455.96UFMIP / Funding Fee PERCENTAGE:1.750%MI Factor1.350%UFMIP / Funding Fee DOLLAR AMOUNT:$7,092.75HOA DuesTotal Loan Amt (with UFMIP / Funding Fee):$412,3932nd Mortgage Principal and Interest$0.00Interest Rate:4.250%Loan Term (in months):360Value:$420,000TOTAL MONTHLY PAYMENT ESTIMATE:$3,004.69Loan to Value:96.50%Estimated PayoffESTIMATED FEESESTIMATED LOAN COSTS--BUYERESTIMATED PREPAID & ESCROW COSTS--BUYER (SEE NOTES BELOW)ORIGINATION FEE0.000%$0.00Per Diem Interest on New LoanASSUME$48.02LOAN DISCOUNT0.000%$0.00(from the day of funding through month end).

What I meant was that the total monthly payment for principal, interest, taxes, and insurance combined would be about $262/month.

Since PRINCIPAL repayments aren't an expense when you track them in Quickbooks, how do I track them in a way that lets me know what my monthly cash flow is?

If I put 20% down and get 4.375% that would put my principal/interest at 1,318/mo.

It has been about 3 years now and we've gained about $5,000 in equity through payments to principal.

Especially because a good portion of your mortgage cost is principal.

Both a) and b) discuss the appropriate courses of action necessary for a Broker or agent in representing a client(a) A broker is obligated under a listing contract to negotiate the best possible transaction for the principal, the broker has agreed to represent.

If you're only going to own the property for a couple of months, then a higher interest/lower monthly payment loan would be what I would suggest.However, If you're buying equity with the hope of seeing a larger payday further down the road, then you'd want a lower-interest conventional financing loan that you can pay principal down on as quickly as possible, but at that point, you're a buy-and-hold investor and not a flipper.Honestly, the best thing to invest in is education.

EMI calculator works on three main criterias – loan amount, tenor and the rate of interestHere’s the Formula whereE is EMIP is the Principal Loan Amountr is the rate of interest calculated on a monthly basisn is the tenor/duration of the loanEMI Calculator is very easy to use.