Tag Archives: investor

Should I Pay Off This Mortgage Loan?

I just heard a personal finance expert recommend paying off a mortgage that has 14 years remaining. Here are the parameters of the 30-year fixed rate loan: Debt Present Value:   229,880Remaining Term:           168  (16 years paid, 14 years left)Annual Interest Rate:     6.6% (fixed over 30 years)Monthly Debt Service:  -2,100  (principal + interest)Annual Debt Service:  -25,200 From […]

Product Update: Calculating Capitalization Rate

I just added a new video tutorial “Calculating Capitalization Rate” to my information product “Introduction to Income Valuation and Syndication“. You can see the YouTube.com version here.