I am owner financing a real estate sale for 15 years at a fixed interest rate with a required minimum monthly payment of $1,400. The buyer wants to occasionally make larger monthly payments (of variable amounts) and pay it off sooner. Is there an online calculator that will determine balance remaining after each random-amount payment?
yes. but if you do ot know what exart you will be putting it is hard to find it out. but I do have one on my website. www.superdavemortgage.com
Is there an online calculator that will determine loan balance remaining after each random-amount payment?
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yes. but if you do ot know what exart you will be putting it is hard to find it out. but I do have one on my website. http://www.superdavemortgage.com
References :
http://www.superdavemortgage.com
Here’s an easy early pay off payment calculator on our site: http://www.sigcaponline.net/tools/paymentcalculator.htm
You can opt to add an extra payment at the bottom of this calculator. It will show you a break down based on an average payment made in additiona to your regualr payment. If you change your payment month to month simply average what you expect to pay over a twelve month period and divide by twelve and enter that figure in the box provided that reads as follows: "I would like to add….. to my monthly mortgage payment"
I hope this helps you out.
Write me an email for specific help as well kenneth_knapp @ yahoo .com,
KK
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Mortgage experience
Yes, you are welcome to use the calculators on my site for determining the correct amounts.
http://www.fnmshome.com
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