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Author: twputnam One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121177  
Subject: Any Math Whizzes out there? Date: 3/11/2005 12:23 PM
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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
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