Loan Math: LTV, Monthly Payment & Discount Points
This lesson is part of the course
In this lesson
You compute the LTV on the lower of price and appraisal, the monthly principal and interest with PMT, the cost of two discount points and how many months they take to pay off.
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Lessons in this course
- Commission Splits: Broker, Agent, Co-op & Graduated RatesFree
- Area & Price per Square Foot: Irregular Lots, Acres & Sections Locked
- Property Tax: Assessed Value, Exemptions & Mill Rates Locked
- Prorations at Closing: Taxes, Rent & HOA (365 vs 360 Days) Locked
- Loan Math: LTV, Monthly Payment & Discount Points Locked
- Qualifying Ratios: Front-End & Back-End DTI Locked
- Appraisal Math: Sales Comparison, Cost & Income Approaches Locked
- Investment Returns: Cap Rate, GRM & Cash-on-Cash (Chart) Locked