Which number to use for PV on a financial calc
3 year Loan 33 months remaining. Payment of -$950.67 per month with UPB of $29000. Getting the note at a discounted price of $23000.
When i calculate my returns on a financial calculator, which one should be my PV ? (UPB or the discounted note price)
Reason i am getting confused is, i pay a discounted price for the note but the pay back is on the UPB. (Typical newbie question eh ? :P )