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#1871402 - 11/14/13 09:50 PM APRWIN - Construction Loan
Many Hats Offline
Platinum Poster
Joined: May 2008
Posts: 915
Orlando, FL
I have a C/P loan disclosed with bpth phases: $250,000 int only construction loan (the actual number of days in the construction phase is 391), then P&I for 360 mo. There have been no draws yet on this loan yet. (basic info)

I have successfully completed all screens and now I am at the Payment Schedule screen. How do I figure the Payment Amount?

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#1871487 - 11/15/13 02:05 PM Re: APRWIN - Construction Loan Many Hats
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 84,789
Galveston, TX
I assume the construction period is interest only? If so, you just enter the permanent phase payment stream.
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