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tysen2003 (November 30, 1999 at 12:00 am)
@djguy100...Maths is correct! The last payment in the 10th year is the principal $1m + 10% interest of 0.1m = total of $1.1m. Hope this clears this up.
Sal - love your work. Another great video
mostpopular2010 (November 30, 1999 at 12:00 am)
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aq5designs (November 30, 1999 at 12:00 am)
@djguy100 watch the video carefully, the extra 0.1million is 10% interest
djguy100 (November 30, 1999 at 12:00 am)
Your maths is wrong. If you pay $100,000 for 10 years it equates to $1 million, not $1.1 million as you said at 3:08.
That would be $10,000 per year repayments, not $100,000
buytoletlandlord (November 30, 1999 at 12:00 am)
great mortgage video guys
helloworld0714 (November 30, 1999 at 12:00 am)
thank you for this video. this is really a great help for my research
buytoletlandlord (November 30, 1999 at 12:00 am)
great buy to let mortgage video
parthvatsal1 (November 30, 1999 at 12:00 am)
That's me!! I still exist!!
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