Loans

Partially Amortized Loan – Amortization – Pass the Real Estate Exam!

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Partially Amortized Loan – Whats The Best?

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20 Comments
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20 Comments

  1. Ron
    July 29, 2021 at 10:37 pm

    I like to have an example of how to read the Amortization table

  2. kingdom trends
    July 29, 2021 at 10:37 pm

    am i the only one that sees this "why are you So ashy" Advertisement LOL ??

  3. Katie Salvadore
    July 29, 2021 at 10:37 pm

    well. this explains my credit score.

  4. tommyboi324
    July 29, 2021 at 10:37 pm

    what about a partially amortized loan?

  5. Michael KeyCash
    July 29, 2021 at 10:37 pm

    I LOVE This VIDEO But the picture of the STACK of MONEY PAID BACK on INTEREST should have been WAYYYYY BIGGER and LOOOOOOOONGER than the little TINY stack paid back on INTEREST! LOL

  6. Mario Hernandez
    July 29, 2021 at 10:37 pm

    Slow down buddy

  7. Mario Hernandez
    July 29, 2021 at 10:37 pm

    Wtf this makes no sense

  8. galloe
    July 29, 2021 at 10:37 pm

    This example is done for simplicity purposes. Typically, the monthly payments are determined when you are given the amount of the loan, or principal ($10), the interest rate (2%), and the length of time, or term (1 year or 12 months), so $3 payments doesn't make sense here. Realistically, if we were to use those numbers, the monthly payments would be about $0.84 per month, and how much goes to interest and principal each month is based on yet another calculation.

    But again, this is just an example to help you understand how amortization works, so he used $3 as an example.

  9. All things Kimberly Ruiz
    July 29, 2021 at 10:37 pm

    Idk how I just felt more lost then I did before watching this video. $10+ 2= 12- 3 is the three $2 interest plus me paying $1 from my money?

  10. Abeer Sharaf
    July 29, 2021 at 10:37 pm

    Amazing

  11. fred andrade
    July 29, 2021 at 10:37 pm

    3 dollars is your monthly payment

  12. Julie
    July 29, 2021 at 10:37 pm

    Wha?????

  13. Iā€™m wrong because
    July 29, 2021 at 10:37 pm

    Where did the $3 come from?

  14. Austin Ollar
    July 29, 2021 at 10:37 pm

    I just want to say your videos have been incredibly helpful. Real Estate Express likes to explain real estate in a foreign language so its great to have visuals and easy to understand definitions that you are providing. Thank you

  15. Marcia Ritchie
    July 29, 2021 at 10:37 pm

    I have a question : buyer borrowed 90 k and paid 1500 month plus 6% of interest. How much interest he will pay at the 4th month. My question is : Do I make the calculation with the interest withing the $1500 or do I add it on top of it. add the whole $1500 on the principal?

  16. R H
    July 29, 2021 at 10:37 pm

    THANKS JOE! Because of you I finally passed my real estate exam. You are incredibly awesome. I am eternally grateful.

  17. Lina L
    July 29, 2021 at 10:37 pm

    i still dont understand any of the financing with 3 days until my test! šŸ™

  18. Deulsenia Jones
    July 29, 2021 at 10:37 pm

    Just made since, one should look at this in all purchases involving interest. Logically put more towards it to pay it quicker is how I'm understanding. Straight note is typically the norm.

  19. The Mental Fit Chick
    July 29, 2021 at 10:37 pm

    Oh the $3 was the principle amount?

  20. The Mental Fit Chick
    July 29, 2021 at 10:37 pm

    Where did the $3 come in considering that the interest was $2/month? Sorry Amortization is kicking me in the little toe šŸ˜”