McGraw-Hill's Interest Amortization Tables

Overview

The most up-to-date, easy-use reference for finding the best home loan for you

This comprehensive loan navigation guide helps you structure a home loan that will best fit your budget, tax bracket, and current cash flow while maximizing your equity growth. Featuring amortization tables for loans up to $900,000, at interest rates from 3 to 18 percent, this invaluable resource includes tables and examples that ...

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Overview

The most up-to-date, easy-use reference for finding the best home loan for you

This comprehensive loan navigation guide helps you structure a home loan that will best fit your budget, tax bracket, and current cash flow while maximizing your equity growth. Featuring amortization tables for loans up to $900,000, at interest rates from 3 to 18 percent, this invaluable resource includes tables and examples that detail:

  • Exact principal and interest payments for standard loans and Adjustable Rate Mortgages (ARMs)
  • Advantages and disadvantages of biweekly payment loans and baloon loans
  • Remaining loan balance, with principal and interest paid, at various stages
  • Total dollars saved and years trimmed by making regular additional payments

Even the most inexperienced users can swiftly find solutions to pressing loan questions by following this book's clear-cut, practical instructions and illustrative model cases. The main tables of this versatile, easy-to-use book cover loans of up to $300,000 for up to 30 years, and at rates of 5% to 20%.

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Product Details

  • ISBN-13: 9780071468114
  • Publisher: McGraw-Hill Professional Publishing
  • Publication date: 2/28/2006
  • Edition number: 3
  • Pages: 350
  • Sales rank: 430,111
  • Product dimensions: 4.10 (w) x 7.40 (h) x 0.45 (d)

Meet the Author

Jack C. Estes was the author of Real Estate License Preparation Course

for the Uniform Examinations.

Dennis R. Kelley was the author of The McGraw-Hill Handbook of Financial Tables for Real Estate.

Charles Freedenberg programs financial applications and has 39 specialized mortgage calculators on his website, www.compareloans.com.

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Table of Contents

Monthly Payment Required to Amortize a Loan.Payment Required to Amortize a $1,000 Loan. Remaining Balance Tables. Monthly-Daily Interest Factors. Adjustable Rate Mortgages. Balloon Payment Loans. Biweekly Payment Loans. Prepaying Loans.
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