Why do the monthly payments in the beginning months of a CPM loan contain a higher proportion

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Why do the monthly payments in the beginning months of a CPM loan contain a higher proportion of interest than principal repayment?

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Real Estate Finance and Investments

ISBN: 978-0073377339

14th edition

Authors: William Brueggeman, Jeffrey Fisher

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Question Posted: Sep 26, 2018 12:23 PM

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Why do the monthly payments in the beginning months of a CPM loan contain a higher proportion

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