House Price $2,500,000.00 Down Payment $50,000.00 Mortgage $2,450,000.00 Mortgage Closing Costs $5,000.00 Mortgage Buydown Points 1.75% Total

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House Price $2,500,000.00 Down Payment $50,000.00 Mortgage $2,450,000.00 Mortgage Closing Costs $5,000.00 Mortgage Buydown Points 1.75% Total Mortgage Costs $47,875.00 Annual Contract Rate 4.00% Term (years) 30 Payments per year 12 Total Number of Payments 360 Balloon $0.00 Mortgage cashflow IRR Monthly IRR Annualized IRR

Posted Date: May 15, 2024 04:25 AM

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Borrower info Income (annual) $240,000.00 Income (monthly) $20,000.00 Monthly debt (average) $2,000.00 Monthly Taxes + Insurance $700.00 Down Payment $50,000.00 Loan terms: Annual Interest Rate 4.00%...
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House Price $2,500,000.00 Down Payment $50,000.00 Mortgage $2,450,000.00 Mortgage Closing Costs $5,000.00 Mortgage Buydown Points 1.75% Total

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To calculate the mortgage cashflow monthly IRR and annualized IRR we can use the following steps Giv... View the full answer

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