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What is the Future Value on hard money financing?

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Posted on Nov 05, 2012

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Posted on Jan 02, 2017

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SOURCE: Future &present value

That depends on the interest rate.

2nd [CLR TVM] (clear previous data)
5 0 0 0 PMT (monthly payment)
2 0 2nd [*P/Y] N (20 years of monthly payments)
annual interest rate I/Y (annual interest rate)
CPT PV (compute present value)

At 10% it's about $518,000

Posted on Feb 24, 2011

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SOURCE: I need instructions on how to input problems

You'll find full instructions in the "Calculating Time Value of Money (TVM)" section of the guidebook (page 255 in my copy). If you need the guidebook, you can download one at
http://education.ti.com/downloads/guidebooks/graphing/84p/TI84Plus_guidebook_EN.pdf

Posted on Jun 15, 2011

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I need instructions on how to input problems future value, present value, add-on interest and other personal finance problems


You'll find full instructions in the "Calculating Time Value of Money (TVM)" section of the guidebook (page 255 in my copy). If you need the guidebook, you can download one at
http://education.ti.com/downloads/guidebooks/graphing/84p/TI84Plus_guidebook_EN.pdf

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1 Answer

Future &present value


That depends on the interest rate.

2nd [CLR TVM] (clear previous data)
5 0 0 0 PMT (monthly payment)
2 0 2nd [*P/Y] N (20 years of monthly payments)
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CPT PV (compute present value)

At 10% it's about $518,000

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