Posted by Mark on March 27, 2001 at 21:43:24:
Another website with some free calculators…is WWW.Realdata.Com You have to download them but they are very usefull…
(what is next step for note?) - Posted by DAVE (MICH)
Posted by DAVE (MICH) on March 26, 2001 at 17:16:53:
Hello to eveyone reading this post.
Being a newbie at mobil homes and the note buisness
i have to ask if i possibly could get some help. I have a couple of mh under contract , just curious one of mh the seller wants $2,500.00 to close deal, could you please give my in ideal how to do the note if i have a buyer with sales price of $8,500.00 , $1,500.00 down 12.5 % and carry note for 48 months.
THANKS SO MUCH
DAVE W
Re: (what is next step for note?) - Posted by Lonnie
Posted by Lonnie on March 26, 2001 at 18:00:35:
Your payments will be $186.06 monthly.
Lonnie
Re: (what is next step for note?) - Posted by Mike(IL)
Posted by Mike(IL) on March 26, 2001 at 19:05:20:
Hello Lonnie,
Exactly how did you come to that figure? I have a TI BAII Plus. Thanks.
Mike(IL)
Re: (what is next step for note?) - Posted by matt(GA)
Posted by matt(GA) on March 26, 2001 at 19:26:48:
not lonny, but heres what you do. I have a TI-25…shouldn’t be different.
enter 7000, push PV
enter 12.5, push divided by 12 button, push %i
push 48, push N
push compute and PMT button to compute payment
Re: (what is next step for note?) - Posted by WindyCityRuss
Posted by WindyCityRuss on March 26, 2001 at 23:11:43:
hehehhe… glad I use Excel for those calculations! ;D
This might help. - Posted by Trish
Posted by Trish on March 27, 2001 at 08:33:47:
When I’m sitting at my computer, I’ve found this little “Amortization Calculator” VERY handy!
http://www.eloan.com/cgi-bin/amortcalc
Trish