understanding a loan
Hi I'm still in my beginner stage in real estate and I want to understand everything about real estate to be successful in real estate. I get a little confused when it comes to loans like how much I would have to pay back to the lender. I don't know if I'm right or wrong about it but below please look at the info in the Financing assumptions would I have to pay the lender back $766,440 from borrowing $320,000. Can someone please break it down for me thank you.