Transcription of Constant Annual Percent / Loan Amortization …
1 Constant Annual Percent / loan Amortization Schedules Years 10 15 20 25 30 35 40 Years Rate Rate Rate Rate Years 10 15 20 25 30 35 40 Years Fantini & Gorga 265 Franklin Street, Boston, MA 02110-3113 Ph: Fax: Constant Annual Percent / loan Amortization Schedules Interest rate on vertical axis.
2 loan Amortization period on horizontal axis. Table shows Annual loan Constant Percent for a loan with monthly level debt service loan payments. Example: $1,000,000 loan , 6% interest rate, 30 year Amortization results in a monthly payment of $5, ($1,000,000 x / 12 = $5, ) Fantini & Gorga 265 Franklin Street, Boston, MA 02110-3113 Ph: Fax: Years 10 15 20 25 30 35 40 Years Rate Rate Rate Rate Years 10 15 20 25 30 35 40 Years