Philip Martin McCaulay

Real Estate Math Philip Martin McCaulay

The Real Estate Math publication will help real estate professionals, loan originators, and home buyers understand the math associated with real estate and mortgages. All of the formulas and examples are contained in fifteen pages. There are sections on the survey system, land cost, income property, net to seller, periodic interest, total interest paid, payments, principal remaining, down payments, loan-to-value, combined loan-to-value, debt-to-income ratios, maximum payment, maximum price, discount points, closing costs and prepaid items, adjustable rate mortgages (ARMs), and lease fees.