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Company Loan Type APR Est. Pmt.

how is the principal reduction calculated on mortgage balance

Posted on: 12th Jun, 2009 05:12 pm
how is the principal rdeuction calculated on a mortgage balance ??
thommosely

Welcome to the forum

I do nto think there is any standard formula which defines this

It would differ from situation to situation and bank to bank

Good luck and feel free to ask
Posted on: 12th Jun, 2009 08:38 pm
exactly bank to bank it changes.
Contact your lender for your query it will be better.
Posted on: 13th Jun, 2009 09:09 am
Here he goes again
Posted on: 13th Jun, 2009 02:36 pm
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