McGraw-Hill's Interest Amortization Tables

by Dennis R. Kelley, Jack C. Estes, Charles Freedenberg

Overview

The most up-to-date, easy-use reference for finding the best home loan for you

This comprehensive loan navigation guide helps you structure a home loan that will best fit your budget, tax bracket, and current cash flow while maximizing your equity growth. Featuring amortization tables for loans up to $900,000, at interest rates from 3 to 18 percent, this invaluable resource includes tables and examples that detail:

• Exact principal and interest payments for standard loans and Adjustable Rate Mortgages (ARMs)
• Advantages and disadvantages of biweekly payment loans and baloon loans
• Remaining loan balance, with principal and interest paid, at various stages
• Total dollars saved and years trimmed by making regular additional payments

Product Details

ISBN-13:	9780071468114
Publisher:	McGraw Hill LLC
Publication date:	02/28/2006
Edition description:	3rd ed.
Pages:	336
Sales rank:	113,138
Product dimensions:	4.10(w) x 7.30(h) x 0.46(d)

About the Author

McGraw-Hill authors represent the leading experts in their fields and are dedicated to improving the lives, careers, and interests of readers worldwide

Jack C. Estes was the author of Real Estate License Preparation Coursefor the Uniform Examinations.

Dennis R. Kelley was the author of The McGraw-Hill Handbook of Financial Tables for Real Estate.

Charles Freedenberg programs financial applications and has 39 specialized mortgage calculators on his website, www.compareloans.com.

McGraw-Hill authors represent the leading experts in their fields and are dedicated to improving the lives, careers, and interests of readers worldwide

Table of Contents

Monthly Payment Required to Amortize a Loan.Payment Required to Amortize a $1,000 Loan. Remaining Balance Tables. Monthly-Daily Interest Factors. Adjustable Rate Mortgages. Balloon Payment Loans. Biweekly Payment Loans. Prepaying Loans.