with monthly payments of $874.33 After the third payment is made, what will be the outstanding value of the loan?
2006-11-15 05:01:26 · 5 answers · asked by ace 2 in Business & Finance ➔ Renting & Real Estate
balance would be $84901.25
2006-11-15 05:07:57 · answer #1 · answered by crazyme 4 · 0⤊ 1⤋
This is a thirty year loan. After the third payment is made, the buyer still owes $84,926.31
2006-11-15 13:09:56 · answer #2 · answered by teran_realtor 7 · 1⤊ 0⤋
This depends on the length of the amortization.
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2006-11-15 13:08:20 · answer #3 · answered by Anonymous · 0⤊ 1⤋
Go to www.bankrate.com and use the mortgage calculator to show the loan on a fully amortization table.
2006-11-15 13:16:28 · answer #4 · answered by Jen G 3 · 1⤊ 0⤋
$84,926.31
You are on a 30 am.
Matt
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2006-11-15 18:52:44 · answer #5 · answered by Matt J 3 · 1⤊ 0⤋