- Joined
- Mar 25, 2011
- Messages
- 55
$123,601.31 @1.95% VC-5 Yr Term; 15 Yr Amortz :
Crux of these problems is to work out Equivalent Annual Interest Rate=1.957391%
Biweekly Payments: I am calculating it as($792.54 monthly Ins Premium
of $100.38)X12/26= $412.12 - Biweekly Payments, but docs shows :
$442.61, pls explain discrepancy?
IAD=Mar26th/ 2010: commencing Apr09/ 2010, how, pls verify
Crux of these problems is to work out Equivalent Annual Interest Rate=1.957391%
Biweekly Payments: I am calculating it as($792.54 monthly Ins Premium
of $100.38)X12/26= $412.12 - Biweekly Payments, but docs shows :
$442.61, pls explain discrepancy?
IAD=Mar26th/ 2010: commencing Apr09/ 2010, how, pls verify