Question: H = $ 3 0 0 , 0 0 0 LTV = 8 0 Term = 3 0 years R = 6 % Expected period

H = $300,000
LTV =80
Term =30 years
R =6%
Expected period of ownership: 6 years
Brokers commission at sale = $21,493Appraisal fees spent over the holding period = $1,000
Cosmetic repairs for sale = $3,600Maintenance costs (total for 6 years of stay)= $20,000
Property tax = $21,387
Property insurance (total for 6 years)= $4,700Savings on tax deduction = $5,988RMB72= $219,355
PMTs = $103,602
Int = $82,957
PrRed = $20,645
How did they calculate the Interest of 82,957 and PrRed of $20,645. What are the steps to get those numbers?

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