In loans; to calculate APR of loan; there is a generally accepted method mentioned in the following link: http://www.efunda.com/formulae/finance/apr_calculator.cfm I have a question about the "definition of the extra cost" in the formula.. It is defined as "the lump sum of all extra costs involved in the loan, which include points, application fee, closing cost, [...]
Category Archives: loan calculation
When calculation FFO in real estate, how do you calculate amortization? Is it the actual principle paid?
FFO = Earnings + Depreciation + Amortization – Sales…. What is the amortization? Is it the amount of actual principle paid on the loan in that year? principal… oops! No. I think your first step is to define amortization. Try Wikipedia. addthis_url = ‘http%3A%2F%2Fwww.ucufutsal.com%2Floan-calculation%2Fwhen-calculation-ffo-in-real-estate-how-do-you-calculate-amortization-is-it-the-actual-principle-paid’; addthis_title = ‘When+calculation+FFO+in+real+estate%2C+how+do+you+calculate++amortization%3F+Is+it+the+actual++principle+paid%3F’; addthis_pub = ”;
Auto Loan Calculations?
I need a big help here with calculations. Im purchasing a car and trading in my old one. Here how it goes New Car price : $ 17,900 Balance Loan on Old car : $ 12,000 Old Car Trade in Value : $ 8,500 Annual percentage rate : 7.99 % Sales Tax GST+PST : 11% [...]
I want to Refinance and go from a jumbo loan to a standard loan?
I have a jumbo loan and would like to pay the principle down so we can be in the standard loan limits of $417,000. Once we are there, we would like to re-finance. What should I look for and what calculations should I be doing to see if it is worth it? Conforming loan limit [...]
How do you solve this math problem pertaining to simple interest calculation?
Please submit your answers together with working, greatly appreciated. Mr Henry wishes to buy a new Toyota car which costs $128 000. There are two different car loan plans he can opt for. Plan A: An initial down payment of $35 000, a monthly installment of $1308.50 for 83 months and a final payment of [...]
Can anyone help me with a visual basic loan calc. program?
I am trying to write a loan calculation program and not having much luck. I just started learning V.B for work and am teaching myself, anything will help, heres what im trying to do: user enters purchase cost, closing costs, down payment time period for loan and interest rate then the program calulates the monthly [...]
calculation of tax rebate for interest paid on EDUCATION LOAN?
I pay Rs.1000/-p.m. towards interest for the Education Loan sanctioned to my son by SBI for studying BE. He is doing 2nd year . In budget 2007, FM has told that parents can claim rebate for interest amount paid in the Education loan taken for children, under sec.80E. How much can be deducated from the [...]
Macro Economics: RRR & Deposit: How do I calculate how much money banks can loan with a deposit?
All I am looking for is a calculation with these 3 things: Required Reserve Ratio (RRR) Deposit, and the amount of money the banks can loan/make with this 1/rrr is the money multiplier. So if the rrr is 10%, then the money creation effect would be 1/.1 = 10. So if I deposited $100, the [...]
Are student loan repayments counted in housing benefit calculations?
Hi, Can anyone tell me when working out your housing benefit entitlement is it based on your true net wage i.e. after student loan repayments have been taken off or just on gross wage less pension and tax? I’ve looked at benefit calculator sites and none of these make this clear – entitledto just asks [...]
How much cash do I need, to buy apartment worth 65 lacs in Gurgaon, assuming all cheque deal and 85% loan.?
Hi, Wondering if someone could help me with this calculation. I am trying to buy a ready-to-move apartment in Gurgaon worth close to 65 lacs. Assumption is that it’s a full cheque deal and I can avail 85% loan from the bank. In this situation, how much cash do I need to have in my [...]