Episode 24
Episode 024 - Interest Payment Calculations
A-Ha! Real Estate Exam Prep Podcast
April 19, 202216m 44s
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Show Notes
Episode 024 - Interest Payment Calculations
Interest Payment Formula:
Loan Amount x Periodic Interest Rate = Periodic Interest Payment
Make sure to use the LOAN amount (not necessarily the purchase price), and watch the interest rate time period and payment schedule.
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