Replies to post #8416 on FinancialAdvisor's College Class (FACC)

[FinancialAdvisor]

*Len, I privated messaged you how to fix it, I see instead you just linked to my posting, haha, smart choice. As far as what the asterix means, it assumes the following assumptions to create the $3,676 monthly payment, which is extremely IN-SANE in itself (the payment amount per month)!!!

Here are the assumptions and the meaning of the *
Home Price: $818,800
Down Payment: $163,760 (20%)
Loan Term: 360 months (30 years)
Ann'l Interest Rate: 5.3951%
Monthly Payment: $3,676




LINK: http://www.realtor.com/FindHome/MortCalcPop.asp?lnksrc=RNLD_HM_ASSUMPTN&pr=818800&cntry=USA&...