BP Analysis tool - question to anyone who may know
Hello... I am just beginning to play with this for the first time.
It is looking like the analyzer is calculating only 80% of whatever loan I put in to give me my monthly amount and total deal numbers, etc...
Does anyone know if this is correct?
Tried to do a screen shot but can't paste it in here.
I have loan set at 100K @ flat 10% interest only and the monthly mortgage amount comes out to be 833.33.
I am assuming I need to put my loan amount in for an extra 17-20% above what the real amount is to compensate? Or is there a way to change the default of this?
I am only a Plus member, but about to become Pro. Will doing so give me features I cannot see currently to allow for this kind of play within changing things for each deal as necessary?
Any help or advice would be MOST APPRECIATED! :-)
Thank you!
Dena Price