Updated over 6 years ago on . Most recent reply
Help Me Calculate Amortization Schedule With Principal Only PMT
Can anyone teach me how to calculate an amortization schedule that includes 1 year of principal-only payments using a 10bii financial calculator? I can calculate the amortization schedule of a loan with traditional principal/interest payments, but am unsure how to factor in the principal-only payments. Loan is $400k at 3% amortized over 30 years with a 10 year balloon. Thanks in advance.