| The following shows an example of a:
Monthly payment on a loan of: $90,000.00 |
| 8 - Years / 96 pmts = $1,161.00 Total P&I Payback: $111,456.80 Annual Percentage Yield: 5.50% |
15 - Years / 180 pmts = $ 756.60 Total P&I Payback: $136,728.00 Annual Percentage Yield: 6.00% |
30 - Years / 360 pmts = $ 568.80 Total P&I Payback: $204,768.00 Annual Percentage Yield: 6.50% |
|