Cash Flow Examples

Wrap-Around Mortgages

$ZUDSDURXQGPRUWJDJHLVDFRPELQDWLRQRIUHILQDQFLQJDPRUWJDJHDQG ERUURZLQJDJDLQVWUHDOHVWDWHHTXLW\8VXDOO\WKHWZRXQNQRZQTXDQWLWLHV LQWKHZUDSSHGPRUWJDJHDUHWKHQHZSD\PHQWDQGWKHUDWHRIUHWXUQWR WKHOHQGHU7RDUULYHDWDVROXWLRQ\RXQHHGWRXVHERWKWKH790DQGWKH

FDVKIORZDSSOLFDWLRQV

Example. <RXKDYHPRQWKO\SD\PHQWVRIOHIWRQ\RXU PRUWJDJHOHDYLQJDUHPDLQLQJEDODQFHRI<RXZRXOGOLNHWR ZUDSWKDWPRUWJDJHDQGERUURZDQDGGLWLRQDOIRUDQRWKHU LQYHVWPHQW<RXILQGDOHQGHUZKRLVZLOOLQJWR·ZUDSµDQ PRUWJDJHDWIRU\HDUV:KDWDUH\RXUQHZSD\PHQWVDQGZKDW

UHWXUQLVWKHOHQGHUJHWWLQJRQWKLVZUDSDURXQGPRUWJDJH"

7KHSD\PHQWFDOFXODWLRQLVDVWUDLJKWIRUZDUG790SD\PHQWFDOFXODWLRQ XVLQJWKHQHZDPRXQWDVWKH39

6HWWR(QGPRGH3UHVV*OLIBEGINDQQXQFLDWRULVGLVSOD\HG

Keys:*&

Display:

Description:

*b

0.00

&OHDUVDOOUHJLVWHUV

￿*U￿￿￿￿￿￿￿

12.00

6HWVSD\PHQWVSHU\HDU

 

82,510.22

6WRUHVORDQDPRXQWRQ

 

 

ZKLFK\RXUQHZ

.

 

SD\PHQWLVFDOFXODWHG

/

9.50

6WRUHVLQWHUHVWUDWH

￿

0.00

6WRUHVILQDOEDODQFH

 

180.00

6WRUHVQXPEHURI

 

 

PRQWKO\SD\PHQWV\RX

2

 

ZLOOPDNH

 

–861.59

&DOFXODWHV\RXUQHZ

 

 

SD\PHQW

8: Additional Examples 113

Page 113
Image 113
HP F1902-90001 manual Cash Flow Examples, Wrap-Around Mortgages