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Interest Only Period
The maturity date is the date on which a loan’s final principal payment is made. Interest isn’t charged after this payment is made, and the loan is considered to be paid in full at this point.
A method of debt repayment, in which fixed payments are made on a prearranged schedule. The payments are divided between principal and interest. Most amortization schedules decrease how much of a payment goes toward interest and increase how much goes toward principal as the loan proceeds.
NOI equals all revenue from the property, minus all reasonably necessary operating expenses. To calculate DSCR, divide your net operating income by your total debt service.
Summary
Down Payment
$750,000
I/O Monthly Payment
$6,875
P&I Monthly Payments
$8,516
Annual Payments
$102,202
Equity at Pay Off
$751,641
Payoff at Maturity
$3,975,000
DSCR
1.96
Amortization Schedule
As of
Principal Paid
Interest Paid
Loan Balance
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