The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: damainman who wrote (40611)	9/5/2005 3:23:05 PM
From: X Y Zebra	Read Replies (1) of 306849

it is easy to come up with the payment all you need to know is the interest rate.... i.e. facts: price = $799,000.00 interest only i = x soooooo assume i = 6.5% 799,000.00 x .065 = $51,935.00/12 = $4,327.92/mo it is not being amortized it is.... interest only that does not mean the guy could not pay MORE than he interest and so it would start reducing principal.... all you need is the interest rate....

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