Jared Burns
Help Me Calculate Amortization Schedule With Principal Only PMT
Can anyone teach me how to calculate an amortization schedule that includes 1 year of principal-only payments using a 10bii financial calculator? I can calculate the amortization schedule of a loan with traditional pr...
Adam Brand
Need software for loan payments with additional principal payment
Basically my mother is loaning me 37k at 2percent. We set the term for 10 years but I'd really like to pay this off asap. I need something that can easily add additional payment to principal. Any help would be greatl...
Levi Klein
Should I pay down principal for long term gains?
Im finishing up a flip and will have 150k after its sold. should i put this money toward my primary residence mortgage and eliminate 18yrs interest essentially doubling my money? i see this being similar to Brrrr. My ...
Brett M.
15 yr vs 30 yr with extra principal payments
Is there ever a instance where it is actually a better deal to do a 30 year and make extra principal payments instead of just a 15 year? Besides the flexibility of having the extra money
Levi Klein
Should I pay down principal for long term gains?
Im finishing up a flip and will have 150k after its sold. should i put this money toward my primary residence mortgage and eliminate 18yrs interest essentially doubling my money? i see this being similar to Brrrr. My ...
Adam Farmelo
Buying a principal residence while renting a personal apartment
Hi all,My girlfriend and I recently moved to a new area, (Elmira, NY) and at the time when we moved we figured that it would be better for us to rent an apartment rather than buy a house. So we signed a 1 year lease a...
Patrick Jung
Use cashflow to reinvest or torwards principal of mortgage?
What do you guys do with your positive cash flow? Do you put it towards the principal on mortgage or save to reinvest it?
Olga Levin
Guarantee of a principal and interest on a loan
Hello BP community,Hoping someone has some light to shed on this question:Can an investor guarantee the principal and interest on a private money loan?I was told by a rehabber that it is illegal, but am not able to f...
Shafi Noss
How is the Principal Payment determined on a loan
Hi everyone,
I have a question about how much in excess of the interest is paid in each payment of a fixed rate loan. Suppose you have a 100k loan at 6%. An example from investopedia shows a schedule of
Payment
0...
Kevin K.
Does selling a property factor in principal & interest?
I was talking with a friend and we discussed something that I havent really considered before.He claimed that he was underwater on his house because if we wanted to sell it he would only be able to sell it at market v...