Hi all,
Recently got a Villa and a loan for 402k the rate at the time was 5.75% on the loan document with homeside plus loan paying principle and interest for 30 years
On the document it clearly states 360* $2407.29
When I put these figures into a homeloan calculator online it gives me a figure of $2164 for the details above.
What am I missing, is there a hidden charge or fee I don't know of is the the trailing commission ? I'm paying an extra $60 towards something
i'm not very good with figures but I'm sure there is a logical explanation for this that I don't know of
Recently got a Villa and a loan for 402k the rate at the time was 5.75% on the loan document with homeside plus loan paying principle and interest for 30 years
On the document it clearly states 360* $2407.29
When I put these figures into a homeloan calculator online it gives me a figure of $2164 for the details above.
What am I missing, is there a hidden charge or fee I don't know of is the the trailing commission ? I'm paying an extra $60 towards something
i'm not very good with figures but I'm sure there is a logical explanation for this that I don't know of