real estate investor calculator · real estate investor calculator ... $ 93,500.00 net profit...
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Real Estate Investor Calculator
MAIN DATA ENTRY
Current List / Asking Price: 89,000.00$ Project Updated: 12/1/17Original or Current Appraised / Market Value / As-Is: 93,500.00$ As-Is Date: 12/1/17
Est. Resale Value / Post Renovations / Long-Term Holding: 109,000.00$ Source: www.zillow.com
(Discount Asking Price:) (8,000.00)$
Offer/Bid Price: 81,000.00$
Down Payment: 50% % 1.00% %40,500.00$ 1.00% %
%Carrying Time - Short-Term/Long-Term/Resale: 120 :Months %
81,000.00$ 4.75% %30
Maximun Offer to Resell (Fix/Flip): 81,000.00$ Gross Profit: 69,219.44$ 5.00% %
Cash at Closing: 55,801.50$ 1.00% %6.00% %
Carrying Time Before Rented: 2 :Months
Quick Entry DetailedEstimated Expenses / Monthly: -$ 592.08$
Estimated Income / Monthly: -$ 1,400.00$
Cash Flow: 596.65$ per monthCash Flow: 7,159.79$ per year
Maximum Offer to Rent: 81,000.00$ First Year Net Equity: 53,000.00$
97,000.00$ Sale Price: 103,550.00$
Gross Profit after Long-Term Hold then Resale: 69,219.44$ Cash at Closing: 55,801.50$
FIELD LEGENDManual Entry Fields
Quick Estimate FieldsAutomatic Calculation Fields
Project Workbook
Quick Estimate Factors PURCHASE
Estimated Improvements (Cash)
1st Position Mortage Interest Rate 1st Position Mortage Term / Years
Estimated Closing Costs @ Purchase Estimated Lender Fees @ Purchase Estimated Commission @ Purchase
Less Buyer Discount at Sale Estimate Closing Costs @ Sale
FINANCING
SALE
Estimated Commission @ SaleLONG TERM HOLDING / RENT / RESALE
SHORT TERM HOLDING / RESALE
Copyright REI Toolkit LLC
Real Estate Investor CalculatorProject Updated: 12/1/17
PERFORMANCE SUMMARY
Project Location:MD 09234
Purchase Price: 81,000.00$
Market Value: 93,500.00$ :"As-Is" Condition Condition As-Is Date: 12/1/17
Market Value / Resale Price: 109,000.00$ :After Improvements / Long Term Holding / Resale Value
Estimated Holding Time: 120 :Months to Sell
Capitalization Rate: 10.9%
Mortgage / Debt Service: 2,535.21$ :Annual
Operating Expenses: 7,105.00$ :Annual
Total Gross Income: 16,800.00$ :Annual
Capital Contribution: -$ :Annual
Cash Flow / Net Income: 6,319.79$ :Annual
Total - Property Equity: 53,000.00$ :Appraised Value (As-Is)
Available Cash Equity: 34,300.00$ :Appraised Value (As-Is)
Total Gross Profit: 69,219.44$ :at Resale
Net Profit after Taxes: 48,453.61$ :at Resale
Cash at Closing: 55,801.50$ :at Resale (Post Mortgage(s) / Loan(s) Payoff)
Seaville
Project Workbook
123 Main Street
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Real Estate Investor Calculator
PURCHASE DETAILS
List Price: 89,000.00$ Proposed Purchase Price: 81,000.00$
Detailed Closing Costs ↓ finLoan Points: -$ Payoff / Down Payment: 40,500.00$ 50.00%
Credit Report: -$ Title Insurance: -$ FIELD LEGEND Estimated Closing Costs: 810.00$ 1.00%
Appraisal: -$ Manual Entry Fields Detailed Closing Costs: -$ Insurance (Impound): -$ Quick Estimate Fields Mortgage/Lender Fees: 810.00$ 1.00%
Taxes (All): -$ Auto Calculation Fields Commission: -$ Termite Inspection: -$ Selection Fileds Total Closing Costs: 1,620.00$ Processing Fee(s): -$
Home Inspection: -$ Market Value - As-Is: 93,500.00$ Interest Fee: -$ After Repair / LTH / Resale Value: 109,000.00$
Loan Discount Fee: -$ Tax Service Fee: -$ Property (Home) Inspection Date: 12/15/17
Flood Certification: -$ Termite Inspection Date: 12/18/17Recording Fee: -$ Estimated Closing Date: 12/31/17
Escrow Company Fee: -$ Commitment Fee: -$ Rent Start Date:
Notary: -$ Legal Fees: -$ CARRYING TIME (OPEN/RENT): 2 /months
Seller's Closing Costs: -$ Misc Project Cost: -$
Final / Actual Closing Costs: -$ Total Detailed Closing Costs: -$
SALE DETAILS
LT / AR Market Value: 109,000.00$ CARRYING TIME (SELL): 120 /monthsLess Buyer Discount (5,450.00)$ 5.00% %
Estimated Sale Price: 103,550.00$ Estimated Closing Costs: 1,035.50$ 1.00%Other Credits/Discount to Buyer: -$ Sale Commission: 6,213.00$ 6.00%
Seller Assistance: -$ % Actual Closing Costs: -$ Total Purchase Price: 103,550.00$ Mortgage Prepayment Penalty: -$
Initial Down Payment - POC: -$ :(-Figure) Total Closing Costs: 7,248.50$ Lease Payment Credits - POC: -$ : Months
Balance (Cash/Financed): 103,550.00$ Legal / Misc / Cash Out: -$ Investor/Company Profit: 69,219.44$
Contract Date: Appraised Value - As-Is: 93,500.00$ Estimated Closing Date: After Repair / LT Hold Value: 109,000.00$
Notes:
Project Workbook
Financed Costs 1=Yes 0=No
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Real Estate Investor Calculator
PURCHASE / SALE - MASTER SUMMARY
Maximum Price Formula for RENT Maximum Price Formula for RESALE (Fix/Flip and/or Long Term Hold)
Total Operating Income: 16,800.00$ 1.73% Sale Price at Closing: 103,550.00$ 96,301.50$ Operating Expenses: (7,105.00)$ Cost to Sell: (7,248.50)$ (40,500.00)$
Net Operating Income: 9,695.00$ Actual Resale Total: 96,301.50$ 55,801.50$ -$ Mortgage/Debt Service: (2,535.21)$ Down Payment(Cash): (40,500.00)$ 120 55,801.50$ -$
Cash Flow Before Taxes: 7,159.79$ :1st Year Cost to Purchase(Cash): (1,620.00)$ 2 55,801.50$ Asking Price: 89,000.00$ Renovations/Finishes (Cash): (5,000.00)$ 15,960.00$
Less Discount to Seller: (8,000.00)$ Legal / Misc.(Cash): -$ 1,330.00$ Maximum Offer - for Rent: 81,000.00$ Seller Assitance: -$ 118
Estimated Holding Costs: (96,402.06)$ 156,940.00$ Capital Contribution Required: -$ :Year Gross Profit: (47,220.56)$
**Less Mortgage/Loan Payoff: (40,500.00)$ -$ :Est. Reverse Am.2nd Position Property Equity Summary Loan Equity Adjustment: -$ : Loan Paydown as (-fig.)
Actual / Other Operating Costs: -$ :Actual Costs - As-Of DateAppraised Value - As-Is: 93,500.00$ Net Profit (Short Term): (87,720.56)$
Equity Line (LTV): 74,800.00$ 80.0% % Estimated Rental Income: 156,940.00$ 60,537.94$ 1st Position Mortgage: (40,500.00)$ Actual Rent / Income: -$ :Income as of Date
2nd Postion (Equity): -$ Other Income: -$ Notes:Available Cash Equity: 34,300.00$ Net Profit (Long Term): 69,219.44$
Total Amount Leveraged : 40,500.00$ Lease Payment Credits: -$ -$ -$ Total Gross Profit: 69,219.44$ 20,765.83$ (40,500.00)$ 55,801.50$
2nd - Equity - Financed: -$ -$ 30% 55,801.50$ :CAC2nd - Equity - Cashed Out: -$ :Does Not Add to Mortgage Payoff** Net Profit After Taxes: 48,453.61$ 48,453.61$ -$ :SA Funds
MORTGAGE / LOAN DETAILS50%
Proposed / Purchase Price: 81,000.00$ 1st Position % of Financing: 100% 100.00% : % of Total FinancedDown Payment: (40,500.00)$ Loan Type: Principle + Interest 30 :Amoritized / Term
Cash Out/(Principal Adjustment): -$ Mortgage Amount: 40,500.00$ 4.75% :Interest RateSub-Total: 40,500.00$ :1st Position Est Reverse Am / Month: -$ 120 :Months / Reverse Am.
Commissions - Financed: -$ :Cash Out Extra Monthly Payment: -$ 30 :Payoff (Years)Closing Costs - Financed: 0.00$ Payment: 211.27$ Bank :Loan Source
Down Payment - Financed: -$ 40,500.00$ Mortgage Costs - Financed: -$ 1
Renovations/Finishes - Financed: -$ :Cash Out 2nd Position % of Financing 0% 0.00% : % of Total Financed2nd Position Equity - Financed: -$ :Cash Out Loan Type: Interest Only 30 :Amoritized / Term Balance to Finance - 1st & 2nd: 40,500.00$ 0.00$ Mortgage Amount: (0.00)$ 7.00% :Interest RateCosts - Supplemental Financed: -$ :Date Extra Monthly Payment: 30 :Payoff (Years)
Total Amount Financed: 40,500.00$ Payment: (0.00)$ Bank :Loan Source
Total Financed Payment(s): 211.27$ /month (Inc. Supp. Financing) Financing Notes:2,535.21$ /year
Est. Cash (In)/Out: -$ Supplemental Financing: -$ :TotalSupplemental Financing: -$ /Month
FIELD LEGENDManual Entry Fields
Quick Estimate FieldsAutomatic Calculation Fields
Project Workbook
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Real Estate Investor CalculatorProject Workbook
OPERATING EXPENSESCommon Operating Expenses Additional Commercial CAM Expenses
Monthly Yearly Monthly YearlyTaxes: 458.33$ 5,500.00$ Landscaping: -$ -$
Insurance: 68.75$ 825.00$ Snow Removal: -$ -$ Utilities: -$ -$ Trash Removal: -$ -$
Condo Fees: -$ -$ Water / Sewer: -$ -$ Maintenance: 50.00$ 600.00$ Cleaning Services: -$ -$
Reserve: -$ -$ Security: -$ -$ Misc: -$ -$ Payroll / Mgt. Fees: -$ -$
### 577.08$ Sub-Total: 577.08$ 6,925.00$ Exterminator: 15.00$ 180.00$ Quick -$ -$ 7,105.00$ Cost of Goods: -$ -$
592.08$ Legal / Accounting: -$ -$ Total Expenses Including Loan(s): 803.35$ 9,640.21$ Advertising: -$ -$
SUB-TOTAL: 15.00$ 180.00$
BUSINESS / RENTAL INCOME
:Rent Start Date Lease Payment Credit Pecentage: %
52 Week Profile Estimated Actual Security Deposit Unit1,400.00$ -$ 1,400.00$ 1
-$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$
-$ Quick: -$
Rent Totals: -$ 1,400.00$ -$ 1,400.00$ 16,800.00$ Scenario Selection: 1 :Input Number (1) to Select, Other Two Columns Must be (0) Zero
-$ -$ 1,400.00$ -$ 16,800.00$ 1,400.00$ -$ -$
OTHER INCOME
Option 1 Option 1 Option 3Laundry - Washer: -$ -$ -$
Laundry - Dryer: -$ -$ -$ Parking: -$ -$ -$
Other: -$ -$ -$ Other Income - Totals: -$ -$ -$
Scenario Selection: 1 :Input Number (1) to Select, Other Two Columns Must be (0) Zero -$ -$ -$ -$ 16,800.00$
Unit
Income Per Month
52wk Income Profile See Detail Tab - 52 Week Income Profile
Single Family Rental
Other Income / Per Month
Lease / Rental Income Notes2 Bedroom, 1.5 Bath - Single Story Rancher
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Real Estate Investor CalculatorProject Workbook
CARRYING TIME EXPENSES
Months Items Unit Costs120 Mortgage 211.27$ 25,352.06$ 120 Expenses 592.08$ 71,050.00$
Total: 96,402.06$
Months Items Unit Costs2 Mortgage 211.27$ 422.53$ 2 Expenses 592.08$ 1,184.17$
Total: 1,606.70$
Holding Costs - Rent
Holding Costs - Resale
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Real Estate Investor Calculator
IMPROVEMENTS
Estimated Purchase Price: 81,000.00$
Financed Non-FinancedBudgeted Improvement Costs: -$ -$
Estimate % of Purchase Price:
DETAILED IMPROVEMENT ESTIMATE
Financed Non-FinancedActual/Estimated: -$ 5,000.00$
Landscaping: -$ -$ Roof: -$ -$
Siding: -$ -$ Flooring: -$ -$ Kitchen: -$ -$
Cabinetry: -$ -$ Bath #1: -$ -$ Bath #2: -$ -$ Bath #3: -$ -$
Bedroom #1: -$ -$ Bedroom #2: -$ -$ Bedroom #3: -$ -$ Bedroom #4: -$ -$ Living Room: -$ -$ Dining Room: -$ -$
Office: -$ -$ Furnace / AHU(s): -$ -$ AC Condenser(s): -$ -$
Electrical: -$ -$ Light Fixtures: -$ -$
Plumbing: -$ -$ Painting: -$ -$
Water Heater: -$ -$ Pool: -$ -$
Hot Tub: -$ -$ Windows: -$ -$ Fixtures: -$ -$
Hardware: -$ -$ Interior Doors: -$ -$
Entry: -$ -$ Laundry Room: -$ -$
Appliances: -$ -$ Cleaning: -$ -$
Total Est. Detailed Costs: -$ 5,000.00$
Project Workbook
Notes
Notes
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Real Estate Investor Calculator
52 WEEK INCOME PROFILE
Number of Units: 1
Estimated Income
Contracted Income Month Week No.
-$ -$ January 1234
-$ -$ February 5678
-$ -$ March 9101112
-$ -$ April 13141516
-$ -$ May 1718192021
-$ -$ June 22232425
-$ -$ July 2627282930
-$ -$ August 3132333435
-$ -$ September 36373839
Rental Period
Project Workbook
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Real Estate Investor Calculator
52 WEEK INCOME PROFILE
Number of Units: 1
Estimated Income
Contracted Income Month Week No.
Rental Period
Project Workbook
-$ -$ October 40414243
-$ -$ November 44454647
-$ -$ December 4849505152
-$ -$ -$ Profile Total
Copyright REI Toolkit LLC
Real Estate Investor CalculatorProject Updated: 12/1/17
PROPERTY PERFORMANCE 1st/yr Startup
Cost/NetProjecting
Year 1 Year 2 Year 3 Year 4 Year 5 Year 10 Year 15 Year 20Estimated Gross Income: 16,800.00$ 16,800.00$ 17,640.00$ 18,522.00$ 19,448.10$ 20,420.51$ 26,062.31$ 33,262.85$ 42,452.76$
Other Income: -$ -$ -$ -$ -$ -$ -$ -$ -$ 1st Year Non-Rental Income: (2,800.00)$
Total Gross Income: 14,000.00$ 16,800.00$ 17,640.00$ 18,522.00$ 19,448.10$ 20,420.51$ 26,062.31$ 33,262.85$ 42,452.76$ Vacancy Allowance: (840.00)$ (840.00)$ (882.00)$ (926.10)$ (972.41)$ (1,021.03)$ (1,303.12)$ (1,663.14)$ (2,122.64)$
Gross Operating Income: 13,160.00$ 15,960.00$ 16,758.00$ 17,595.90$ 18,475.70$ 19,399.48$ 24,759.20$ 31,599.71$ 40,330.13$
Operating Expenses: (7,105.00)$ (7,105.00)$ (7,176.05)$ (7,247.81)$ (7,320.29)$ (7,393.49)$ (7,770.63)$ (8,167.01)$ (8,583.61)$ Net Operating Income: 6,055.00$ 8,855.00$ 9,581.95$ 10,348.09$ 11,155.41$ 12,005.99$ 16,988.56$ 23,432.69$ 31,746.51$
Mortgage/Debt Service: (2,535.21)$ (2,535.21)$ (2,535.21)$ (2,535.21)$ (2,535.21)$ (2,535.21)$ (2,535.21)$ (2,535.21)$ (2,535.21)$ 45,500.00$ 45,500.00$ 45,500.00$ 45,500.00$ 45,500.00$ 45,500.00$ 45,500.00$ 45,500.00$ 45,500.00$
Cash Flow Before Taxes: (43,600.21)$ 6,319.79$ 7,046.74$ 7,812.88$ 8,620.20$ 9,470.78$ 14,453.36$ 20,897.49$ 29,211.30$ Net Cash ROI: (43,600.21)$ (36,553.46)$ (28,740.58)$ (20,120.38)$ (10,649.60)$
Capital Contribution: -$ -$ -$ -$ -$
Capitalization Rate: 7.5% 10.9% 11.8% 12.8% 13.8% 14.8% 21.0% 28.9% 39.2%Cash on Cash Return: 7.7% 13.9% 15.5% 17.2% 18.9% 20.8% 31.8% 45.9% 64.2%
Marginal Tax Bracket: 30% 30% 30% 30% 30% 30% 30% 30% 30%Cash Flow After Taxes: (30,520.14)$ 4,423.86$ 4,932.72$ 5,469.02$ 6,034.14$ 6,629.55$ 10,117.35$ 14,628.24$ 20,447.91$
Deductible Loan Interest: 1,910.26$ 1,910.26$ 1,879.92$ 1,848.11$ 1,814.75$ 1,779.77$ 1,711.22$ 1,434.31$ 1,083.33$
Property Equity: 53,000.00$ 54,870.00$ 56,777.40$ 58,722.95$ 60,707.41$ 62,731.56$ 73,475.98$ 85,338.69$ 98,436.08$ Property Market Value: 93,500.00$ 95,370.00$ 97,277.40$ 99,222.95$ 101,207.41$ 103,231.56$ 113,975.98$ 125,838.69$ 138,936.08$
Cost Down Payment: 40,500.00$ Cost to Purchase: 1,620.00$
Non-Financed Renovations: 5,000.00$ Initial Cash Investment: 47,120.00$
Project Workbook
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Real Estate Investor Calculator
DATA FACTORS
Appreciation Rate: 2.00% %
Inflation Rate: 1.00% %
Rent/Income Increase Per Year: 5.00% %
Vacancy / Loss Allowance: 5.00% %
Percent Depreciable: 80.00% No. of Years: 27.5
Tax Bracket: 30.00%
Capital Gains Rate: 24.00%
Property Management: % of Income
Project Workbook
Copyright REI Toolkit LLC
Real Estate Investor CalculatorProject Updated: 12/1/17
PROPERTY INFORMATION
Address:City: State: MD Zip Code: 09234
County: Lot: 14 Block: 204Legal Description:
Project Status: Project Type:
Notes:
Number of Units: 1 Project Type:Total Square Footage: 1600 Condo Conversion:
Bedrooms: 2Baths: 1.5Floors: 1
Year Built: 1979Type of Construction:
C/O Type:MLS #:
Project Workbook
123 Main StreetSeaville
Active
BurlingtonSingle Family Residence
WoodSF
Long Term Rental
: Yes : No: Short Term Holding : Long Term Holding: Yes : No
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Real Estate Investor Calculator
CONTACT INFORMATION
PROPERTY PURCHASE
Broker/Agent:Attention:Address:
City: State: Zip:Phone: Fax:Email:
Financing:Attention:Address:
City: State: Zip:Phone: Fax:Email:
Appraiser:Attention:Address:
City: State: Zip:Phone: Fax:Email:
Termite Company:Attention:
Address:City: State: Zip:
Phone: Fax:Email:
Home Inspection:Attention:Address:
City: State: Zip:Phone: Fax:Email:
Owner:Address:
City: State: Zip:Phone: Fax:Email:
Ownership %:Reason For Selling:
Project Workbook
Fax
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Real Estate Investor Calculator
CONTACT INFORMATION
Project Workbook
PROPERTY RE-SALE
Broker/Agent:Attention :Address:
City: State: Zip:Phone: Fax:Email:
Attorney:Attention:Address:
City: State: Zip:Phone: Fax:Email:
Accountant:Attention:Address:
City: State: Zip:Phone: Fax:Email:
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PROPERTY NOTES
Date
Project Workbook
Notes / Decription
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SUPPLEMENTAL FINANCING
#1 Bank / Creditor: From To From To From To From To From To From ToCurrent Loan Total: Date Range:
Term/Yrs: 30 Amount:Rate: 10.00% Notes:
Payment Amt./Month AM1
#2 Bank / Creditor: From To From To From To From To From To From ToCurrent Loan Total: Date Range:
Term/Yrs: 30 Amount:Rate: 10.00% Notes:
Payment Amt./Month AM2
#3 Bank / Creditor: From To From To From To From To From To From ToCurrent Loan Total: Date Range:
Term/Yrs: 30 Amount:Rate: 10.00% Notes:
Payment Amt./Month AM3
#4 Bank / Creditor: From To From To From To From To From To From ToCurrent Loan Total: Date Range:
Term/Yrs: 30 Amount:Rate: 10.00% Notes:
Payment Amt./Month AM4
#5 Bank / Creditor: From To From To From To From To From To From ToCurrent Loan Total: Date Range:
Term/Yrs: 30 Amount:Rate: 10.00% Notes:
Payment Amt./Month AM5
Total 2nd Position(+):Total Payment / Month:
Project Workbook
$ - $ - $ - $ - -$
$ -
-$
-$
$ - $ - $ - $ - $ -
-$ $ - $ - $ -
-$
$ - $ - $ -
-$ $ - $ -
-$
$ - $ - $ -
-$
$ -
-$
-$ -$
$ - $ - $ - $ - $ -
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AMORTIZATION - 1ST POSITION
Extra PaymentsNo Extra Payments
Loan Amount 40,500.00$ Monthly Payment $211.27 $211.27Annual Interest Rate 4.75% Number of Payments 361 360
Term of Loan (in Years) 30 Total Payments $76,056.18 $76,056.18Extra Monthly Payment -$ Total Interest $35,556.18 $35,556.18
Payoff (in Years) 30.1Interest Savings
Month Payment InterestCumulative
Interest PrincipalCumulative
Principal Balance Saved Interest$40,500.00
1 211.27 160.31 160.31 50.95 50.95 40,449.052 211.27 160.11 320.42 51.16 102.11 40,397.893 211.27 159.91 480.33 51.36 153.47 40,346.53 0.004 211.27 159.71 640.04 51.56 205.03 40,294.975 211.27 159.50 799.54 51.77 256.80 40,243.206 211.27 159.30 958.83 51.97 308.77 40,191.23 0.007 211.27 159.09 1,117.92 52.18 360.95 40,139.058 211.27 158.88 1,276.81 52.38 413.33 40,086.679 211.27 158.68 1,435.48 52.59 465.92 40,034.0810 211.27 158.47 1,593.95 52.80 518.72 39,981.28 0.0011 211.27 158.26 1,752.21 53.01 571.73 39,928.2712 211.27 158.05 1,910.26 53.22 624.95 39,875.0513 211.27 157.84 2,068.10 53.43 678.37 39,821.6314 211.27 157.63 2,225.73 53.64 732.01 39,767.99 0.0015 211.27 157.41 2,383.14 53.85 785.87 39,714.1316 211.27 157.20 2,540.34 54.07 839.93 39,660.0717 211.27 156.99 2,697.33 54.28 894.21 39,605.7918 211.27 156.77 2,854.10 54.49 948.70 39,551.3019 211.27 156.56 3,010.66 54.71 1,003.41 39,496.5920 211.27 156.34 3,167.00 54.93 1,058.34 39,441.6621 211.27 156.12 3,323.13 55.14 1,113.49 39,386.5122 211.27 155.90 3,479.03 55.36 1,168.85 39,331.1523 211.27 155.69 3,634.72 55.58 1,224.43 39,275.5724 211.27 155.47 3,790.18 55.80 1,280.23 39,219.77 0.0025 211.27 155.24 3,945.43 56.02 1,336.25 39,163.7526 211.27 155.02 4,100.45 56.24 1,392.50 39,107.5027 211.27 154.80 4,255.25 56.47 1,448.96 39,051.0428 211.27 154.58 4,409.83 56.69 1,505.65 38,994.3529 211.27 154.35 4,564.18 56.91 1,562.57 38,937.4330 211.27 154.13 4,718.31 57.14 1,619.71 38,880.2931 211.27 153.90 4,872.21 57.37 1,677.07 38,822.93 0.0032 211.27 153.67 5,025.88 57.59 1,734.67 38,765.33 0.0033 211.27 153.45 5,179.33 57.82 1,792.49 38,707.51 0.0034 211.27 153.22 5,332.55 58.05 1,850.54 38,649.46 0.0035 211.27 152.99 5,485.53 58.28 1,908.82 38,591.18 0.0036 211.27 152.76 5,638.29 58.51 1,967.33 38,532.6737 211.27 152.53 5,790.82 58.74 2,026.07 38,473.93 0.0038 211.27 152.29 5,943.11 58.97 2,085.04 38,414.96 0.0039 211.27 152.06 6,095.17 59.21 2,144.25 38,355.75 0.0040 211.27 151.82 6,246.99 59.44 2,203.69 38,296.31 0.0041 211.27 151.59 6,398.58 59.68 2,263.37 38,236.63 0.0042 211.27 151.35 6,549.94 59.91 2,323.29 38,176.71 0.0043 211.27 151.12 6,701.05 60.15 2,383.44 38,116.56 0.0044 211.27 150.88 6,851.93 60.39 2,443.83 38,056.17 0.0045 211.27 150.64 7,002.57 60.63 2,504.45 37,995.55 0.0046 211.27 150.40 7,152.97 60.87 2,565.32 37,934.68 0.0047 211.27 150.16 7,303.13 61.11 2,626.43 37,873.57 0.0048 211.27 149.92 7,453.04 61.35 2,687.78 37,812.22 0.0049 211.27 149.67 7,602.72 61.59 2,749.38 37,750.62 0.0050 211.27 149.43 7,752.14 61.84 2,811.21 37,688.79 0.0051 211.27 149.18 7,901.33 62.08 2,873.30 37,626.70 0.0052 211.27 148.94 8,050.27 62.33 2,935.62 37,564.38 0.0053 211.27 148.69 8,198.96 62.57 2,998.20 37,501.80 0.0054 211.27 148.44 8,347.41 62.82 3,061.02 37,438.98 0.0055 211.27 148.20 8,495.60 63.07 3,124.09 37,375.91 0.0056 211.27 147.95 8,643.55 63.32 3,187.41 37,312.59 0.0057 211.27 147.70 8,791.24 63.57 3,250.99 37,249.01 0.0058 211.27 147.44 8,938.69 63.82 3,314.81 37,185.19 0.0059 211.27 147.19 9,085.88 64.08 3,378.88 37,121.12 0.0060 211.27 146.94 9,232.82 64.33 3,443.21 37,056.79 0.00
Loan Information Loan Summary
Project Workbook
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AMORTIZATION - 2ND POSITION
Extra PaymentsNo Extra Payments
Loan Amount (0)$ Monthly Payment ($0.00) ($0.00)Annual Interest Rate 7.00% Number of Payments 360 360
Term of Loan (in Years) 30 Total Payments ($0.00) ($0.00)Extra Monthly Payment -$ Total Interest ($0.00) #NUM!
Payoff (in Years) 30.0Interest Savings #NUM!
Month Payment InterestCumulative
Interest PrincipalCumulative
Principal Balance Saved Interest($0.00)
1 0.00 0.00 0.00 0.00 0.00 0.00 - 2 0.00 0.00 0.00 0.00 0.00 0.00 - 3 0.00 0.00 0.00 0.00 0.00 0.00 (0.00) 4 0.00 0.00 0.00 0.00 0.00 0.00 (0.00) 5 0.00 0.00 0.00 0.00 0.00 0.00 - 6 0.00 0.00 0.00 0.00 0.00 0.00 (0.00) 7 0.00 0.00 0.00 0.00 0.00 0.00 (0.00) 8 0.00 0.00 0.00 0.00 0.00 0.00 - 9 0.00 0.00 0.00 0.00 0.00 0.00 - 10 0.00 0.00 0.00 0.00 0.00 0.00 - 11 0.00 0.00 0.00 0.00 0.00 0.00 - 12 0.00 0.00 0.00 0.00 0.00 0.00 (0.00) 13 0.00 0.00 0.00 0.00 0.00 0.00 - 14 0.00 0.00 0.00 0.00 0.00 0.00 - 15 0.00 0.00 0.00 0.00 0.00 0.00 - 16 0.00 0.00 0.00 0.00 0.00 0.00 - 17 0.00 0.00 0.00 0.00 0.00 0.00 - 18 0.00 0.00 0.00 0.00 0.00 0.00 0.00 19 0.00 0.00 0.00 0.00 0.00 0.00 - 20 0.00 0.00 0.00 0.00 0.00 0.0021 0.00 0.00 0.00 0.00 0.00 0.0022 0.00 0.00 0.00 0.00 0.00 0.0023 0.00 0.00 0.00 0.00 0.00 0.0024 0.00 0.00 0.00 0.00 0.00 0.00 0.0025 0.00 0.00 0.00 0.00 0.00 0.0026 0.00 0.00 0.00 0.00 0.00 0.0027 0.00 0.00 0.00 0.00 0.00 0.0028 0.00 0.00 0.00 0.00 0.00 0.0029 0.00 0.00 0.00 0.00 0.00 0.00 0.0030 0.00 0.00 0.00 0.00 0.00 0.00 0.0031 0.00 0.00 0.00 0.00 0.00 0.00 0.0032 0.00 0.00 0.00 0.00 0.00 0.00 0.0033 0.00 0.00 0.00 0.00 0.00 0.00 0.0034 0.00 0.00 0.00 0.00 0.00 0.00 0.0035 0.00 0.00 0.00 0.00 0.00 0.00 0.0036 0.00 0.00 0.00 0.00 0.00 0.00 0.0037 0.00 0.00 0.00 0.00 0.00 0.0038 0.00 0.00 0.00 0.00 0.00 0.0039 0.00 0.00 0.00 0.00 0.00 0.00 0.0040 0.00 0.00 0.00 0.00 0.00 0.0041 0.00 0.00 0.00 0.00 0.00 0.0042 0.00 0.00 0.00 0.00 0.00 0.00 0.0043 0.00 0.00 0.00 0.00 0.00 0.00 0.0044 0.00 0.00 0.00 0.00 0.00 0.00 0.0045 0.00 0.00 0.00 0.00 0.00 0.0046 0.00 0.00 0.00 0.00 0.00 0.00 0.0047 0.00 0.00 0.00 0.00 0.00 0.00 0.0048 0.00 0.00 0.00 0.00 0.00 0.0049 0.00 0.00 0.00 0.00 0.00 0.0050 0.00 0.00 0.00 0.00 0.00 0.00 0.0051 0.00 0.00 0.00 0.00 0.00 0.0052 0.00 0.00 0.00 0.00 0.00 0.00 0.0053 0.00 0.00 0.00 0.00 0.00 0.00 0.0054 0.00 0.00 0.00 0.00 0.00 0.00 0.0055 0.00 0.00 0.00 0.00 0.00 0.00 0.0056 0.00 0.00 0.00 0.00 0.00 0.00 0.0057 0.00 0.00 0.00 0.00 0.00 0.00 0.0058 0.00 0.00 0.00 0.00 0.00 0.00 0.0059 0.00 0.00 0.00 0.00 0.00 0.0060 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Loan Information Loan Summary
Project Workbook
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