Mortgage payment factor chart
[DOCX File]Home Page - Tucker School of Real Estate
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Mortgage Amortization Triangle . $150,000 loan balance @ 3.75% on a 15 year note, using a constant P&I payment of $1,090.50 per the Mortgage Factor Chart on page 251 of text. January. February. Beginning Balance $150,000 $149,378.25 (X) Note Rate (annual) X .0375 X .0375 = Annual Interest $5,625 $5,601.68
[DOC File]FHA Refinance Comparison Matrix – FHA Secure
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Standard 31/43 ratios may be exceeded with compensating factor(s), except for loans limited to 90% LTV mortgage payment history. Non-occupant co-borrowers may be added. FHA First Mortgage. Borrower must have owned property for 12 months AND if encumbered by a mortgage made payments for the last 12 months within the month due.
[DOC File]University of Phoenix
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Subtract other debt payments from the result of Step 2 to determine the Affordable Monthly Mortgage Payment. Step 4. Divide the result of Step 3 by 6.00 (this is the mortgage payment factor from Exhibit 7-7 based on a 30 year loan at 6%) and then multiply this by $1,000. This is the Affordable Mortgage …
[DOC File]Home-Buying Packet
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Your mortgage payment to the lender includes the following items: ... Use the following to chart to determine your monthly principal and interest payments at various interest rates for either a 15 or 30-year term. ... Interest rate factor per $1,000 = 8.71. Mortgage = $200,000. Monthly Principal & Interest = $1,742 (8.71 x 200) ...
[DOC File]Interest Rate Factor Chart - Burckart Companies
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There you will find the factor which is applied per $1,000 of the mortgage amount. For example: A 7.5%, 30 year mortgage has a factor of 6.99. If you were mortgaging $150,000 you would multiply 6.99 x 150 which equals 1048.5. Your monthly principal and interest payment would be $1,048.50.
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