You're assuming the loan is fully amortized over 1
Post# of 22940
Posted On: 09/03/2016 2:01:22 AM
Re: SmallTime4Now #12419
You're assuming the loan is fully amortized over 10 years. Can't speak to ex-im but in commercial real estate the loan's term would be 10 years but payments amortized over 30 = lower payments but a ballon payment at maturity. Usually you just refinance before the loan matures.
(2)
(0)Trans-Pacific Aerospace (TPAC) Stock Research Links
Scroll down for more posts ▼