The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/any-math-whizzes-out-there-22192300.aspx

Subject:  Any Math Whizzes out there? Date:  3/11/2005  12:23 PM
Author:  twputnam Number:  77582 of 121095

I need to calculate the reportable and deductible interest on an intra-family loan. Here are the terms:

100,000 loan @ 5% for 20 years. No payments for the first 5 years, interest accrues and added to principal. Payments begin in year 6. How much is interest and you much is principal for each year until loan paid off? I can calculate the payments for a loan without the initial time delay.

Any help greatly appreciated!

Terry
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us