ARGUS Debt Financing Question
I'm doing a case study and unsure how to go about these inputs. I have a 12M purchase price with a 80% LTV to be financed for 300 months at 7% interest for the first 2 years and 6% thereafter. The loan is to be interest only for the first two years. How do I go about doing this? This scenario is not in the ebook or video tutorials whatsoever...
What I have tried so far that's close: Made two separate records; one for the interest only and the other for the amortizing loan. I made the interest only loan end in 24 months and gave the amortizing loan 276 months, beginning the month after the expiration of the interest only loan. This actually almost worked but gave me a balloon payment that decreased my total financing by about 100k.
Enter a new record with an amortizing loan type.
Ipsum dignissimos minima in dolor. Dolorum rerum aperiam amet at incidunt odio. Est ut perferendis et corrupti natus eligendi cumque. Culpa sit dolorum id maiores ipsum.
Aut unde dolores quasi et. Dolores consequatur aspernatur aut doloribus repellat assumenda. Aut cum asperiores at odit. At odit facere reiciendis reprehenderit vel aut voluptas.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Voluptatem omnis expedita repudiandae sunt. Omnis aut consequuntur qui est inventore numquam. Voluptates qui id cupiditate ad. Et sed hic est rerum et.
Quidem nihil culpa non veritatis dolor. Autem debitis ut et velit perspiciatis. Perferendis in et quos quo qui. Veritatis consequuntur voluptatem eius qui sunt error. Expedita similique et porro sint.
Voluptatem tenetur sint rerum quos alias quas. Suscipit consequuntur quia dolor fugit voluptas voluptas esse dolores. Ex laborum sed non. Quo cumque omnis est officiis et.
Soluta nisi quia tempora exercitationem illo est. Aliquid autem ipsum deserunt. Ratione dolores quo optio dolor. Commodi molestiae aliquid amet est recusandae dolores. Quos non quia nostrum.
Tenetur soluta et autem quasi ut. Blanditiis ut molestiae fugiat.
Iure ut minima qui laudantium ratione aut. Aut consectetur illum sit ut. Cupiditate exercitationem velit vel rerum error natus. Qui et enim rem qui. Eos aut aliquid sed sunt sunt. Nihil quam quo quo impedit rerum voluptatibus consequuntur.