Episode 024 - Interest Payment Calculations

A-Ha! Real Estate Exam Prep Podcast

Episode 024 - Interest Payment Calculations

Interest Payment Formula:

Loan Amount x Periodic Interest Rate = Periodic Interest Payment

Make sure to use the LOAN amount (not necessarily the purchase price), and watch the interest rate time period and payment schedule.

A-Ha LINKS

Email

info@ahareep.com

Web

www.ahareep.com

Facebook

https://www.facebook.com/AHA.REEP

YouTube

https://www.youtube.com/channel/UCrxAjI5Li4Ll3Epwcyc0i6A

More description

Episode 024 - Interest Payment Calculations

Interest Payment Formula:

Loan Amount x Periodic Interest Rate = Periodic Interest Payment

Make sure to use the LOAN amount (not necessarily the purchase price), and watch the interest rate time period and payment schedule.

A-Ha LINKS

Email

info@ahareep.com

Web

www.ahareep.com

Facebook

https://www.facebook.com/AHA.REEP

YouTube

https://www.youtube.com/channel/UCrxAjI5Li4Ll3Epwcyc0i6A

2022-04-19 16 min
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