Small-value long-term note

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Posted by Kristine-CA on November 18, 2009 at 14:19:11:
Can anyone help me figure out rate of return on the following?
23K Purchase money first position
10% interest
30 year
8 years of seasoning, no late pays
current balance 21K
Purchased for 15K
10% looks good, but the time value thing has me confused. Thanks, Kristine

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Look at LTV & ITV as well... Michael Morrongiello 13:09:32 11/22/09 (0)

Re: Small-value long-term note jimi 06:57:12 11/19/09 (0)

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