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February 21, 2011 at 9:53 AM in reply to: $300k property $2800 in rent does it work on paper? #669092
Doofrat
ParticipantEither:
1. The rent figure you’re being given is being inflated
– or –
2. The price is really really low.If the case is #2, please PM me the address so I may swoop in and steal it from you π
February 21, 2011 at 9:53 AM in reply to: $300k property $2800 in rent does it work on paper? #669154Doofrat
ParticipantEither:
1. The rent figure you’re being given is being inflated
– or –
2. The price is really really low.If the case is #2, please PM me the address so I may swoop in and steal it from you π
February 21, 2011 at 9:53 AM in reply to: $300k property $2800 in rent does it work on paper? #669761Doofrat
ParticipantEither:
1. The rent figure you’re being given is being inflated
– or –
2. The price is really really low.If the case is #2, please PM me the address so I may swoop in and steal it from you π
February 21, 2011 at 9:53 AM in reply to: $300k property $2800 in rent does it work on paper? #669900Doofrat
ParticipantEither:
1. The rent figure you’re being given is being inflated
– or –
2. The price is really really low.If the case is #2, please PM me the address so I may swoop in and steal it from you π
February 21, 2011 at 9:53 AM in reply to: $300k property $2800 in rent does it work on paper? #670243Doofrat
ParticipantEither:
1. The rent figure you’re being given is being inflated
– or –
2. The price is really really low.If the case is #2, please PM me the address so I may swoop in and steal it from you π
Doofrat
ParticipantThanks FSD. I hadn’t thought about the fact that the payment is the same each month over the life of the loan, so the effect of the interest portion of the payment is spread across so many years.
Doofrat
ParticipantThanks FSD. I hadn’t thought about the fact that the payment is the same each month over the life of the loan, so the effect of the interest portion of the payment is spread across so many years.
Doofrat
ParticipantThanks FSD. I hadn’t thought about the fact that the payment is the same each month over the life of the loan, so the effect of the interest portion of the payment is spread across so many years.
Doofrat
ParticipantThanks FSD. I hadn’t thought about the fact that the payment is the same each month over the life of the loan, so the effect of the interest portion of the payment is spread across so many years.
Doofrat
ParticipantThanks FSD. I hadn’t thought about the fact that the payment is the same each month over the life of the loan, so the effect of the interest portion of the payment is spread across so many years.
Doofrat
ParticipantAn easy rule of thumb is:
The % change in payment (at least the interest part) is directly proportional to the % change in interest rate. So if rates are 4% and you raise the rate 1%, that’s a 25% increase in rates and a 25% increase in the interest payment.
If you go from 4% to 8%, that’s 100%, so your payment effectively doubles.
At least that’s what I figured out, if I’m wrong, feel free to flame me.Doofrat
ParticipantAn easy rule of thumb is:
The % change in payment (at least the interest part) is directly proportional to the % change in interest rate. So if rates are 4% and you raise the rate 1%, that’s a 25% increase in rates and a 25% increase in the interest payment.
If you go from 4% to 8%, that’s 100%, so your payment effectively doubles.
At least that’s what I figured out, if I’m wrong, feel free to flame me.Doofrat
ParticipantAn easy rule of thumb is:
The % change in payment (at least the interest part) is directly proportional to the % change in interest rate. So if rates are 4% and you raise the rate 1%, that’s a 25% increase in rates and a 25% increase in the interest payment.
If you go from 4% to 8%, that’s 100%, so your payment effectively doubles.
At least that’s what I figured out, if I’m wrong, feel free to flame me.Doofrat
ParticipantAn easy rule of thumb is:
The % change in payment (at least the interest part) is directly proportional to the % change in interest rate. So if rates are 4% and you raise the rate 1%, that’s a 25% increase in rates and a 25% increase in the interest payment.
If you go from 4% to 8%, that’s 100%, so your payment effectively doubles.
At least that’s what I figured out, if I’m wrong, feel free to flame me. -
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