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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 121256  
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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Author: JAFO31 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 77583 of 121256
Subject: Re: Any Math Whizzes out there? Date: 3/11/2005 12:35 PM
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twputnam: "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."


I cannot help as to the tax consequences of intra-family loan. Possible phantom income and new loan every year? Sorry.

OTOH, you did not give nearly enough information to calculate any amortization schedule.

--How frequently does interest compound? monthly, annually, something else? I would likely want to match to later payment frequency.

--How often are payments due once they start? Monthly, quarterly, annually, something else?

Regards, JAFO

--Is the loan intended to amortize itself over the last 15-years or will payments be calculated on some other schedule with a balloon payment at the end?

Regards, JAFO




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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: 77585 of 121256
Subject: Re: Any Math Whizzes out there? Date: 3/11/2005 12:43 PM
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Thanks for the reply.

Answer to questions:
Intrerest to compound monthly.
Payments to be monthly.
Loan to be fully amortized by the end of 20 yrs(15 years of payments).

Terry

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Author: JAFO31 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 77593 of 121256
Subject: Re: Any Math Whizzes out there? Date: 3/11/2005 2:45 PM
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twputnam: "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.

Interest to compound monthly.
Payments to be monthly.
Loan to be fully amortized by the end of 20 yrs(15 years of payments)."


Balance after 5 years is $128,335.87, monthly amortizing payment is $1014.87 for 179 payments and a final payment of ($1014.87 + $0.50) being $1015.27.

Prin. Bal. i rate int. payment P. reduce. new bal.
$100,000.00 0.05000 $416.67 $0.00 ($416.67) $100,416.67
$100,416.67 0.05000 $418.40 $0.00 ($418.40) $100,835.07
$100,835.07 0.05000 $420.15 $0.00 ($420.15) $101,255.22
$101,255.22 0.05000 $421.90 $0.00 ($421.90) $101,677.11
$101,677.11 0.05000 $423.65 $0.00 ($423.65) $102,100.77
$102,100.77 0.05000 $425.42 $0.00 ($425.42) $102,526.19
$102,526.19 0.05000 $427.19 $0.00 ($427.19) $102,953.38
$102,953.38 0.05000 $428.97 $0.00 ($428.97) $103,382.35
$103,382.35 0.05000 $430.76 $0.00 ($430.76) $103,813.11
$103,813.11 0.05000 $432.55 $0.00 ($432.55) $104,245.67
$104,245.67 0.05000 $434.36 $0.00 ($434.36) $104,680.02
$104,680.02 0.05000 $436.17 $0.00 ($436.17) $105,116.19
$105,116.19 0.05000 $437.98 $0.00 ($437.98) $105,554.17
$105,554.17 0.05000 $439.81 $0.00 ($439.81) $105,993.98
$105,993.98 0.05000 $441.64 $0.00 ($441.64) $106,435.62
$106,435.62 0.05000 $443.48 $0.00 ($443.48) $106,879.11
$106,879.11 0.05000 $445.33 $0.00 ($445.33) $107,324.44
$107,324.44 0.05000 $447.19 $0.00 ($447.19) $107,771.62
$107,771.62 0.05000 $449.05 $0.00 ($449.05) $108,220.67
$108,220.67 0.05000 $450.92 $0.00 ($450.92) $108,671.59
$108,671.59 0.05000 $452.80 $0.00 ($452.80) $109,124.39
$109,124.39 0.05000 $454.68 $0.00 ($454.68) $109,579.07
$109,579.07 0.05000 $456.58 $0.00 ($456.58) $110,035.65
$110,035.65 0.05000 $458.48 $0.00 ($458.48) $110,494.13
$110,494.13 0.05000 $460.39 $0.00 ($460.39) $110,954.53
$110,954.53 0.05000 $462.31 $0.00 ($462.31) $111,416.84
$111,416.84 0.05000 $464.24 $0.00 ($464.24) $111,881.07
$111,881.07 0.05000 $466.17 $0.00 ($466.17) $112,347.24
$112,347.24 0.05000 $468.11 $0.00 ($468.11) $112,815.36
$112,815.36 0.05000 $470.06 $0.00 ($470.06) $113,285.42
$113,285.42 0.05000 $472.02 $0.00 ($472.02) $113,757.44
$113,757.44 0.05000 $473.99 $0.00 ($473.99) $114,231.43
$114,231.43 0.05000 $475.96 $0.00 ($475.96) $114,707.40
$114,707.40 0.05000 $477.95 $0.00 ($477.95) $115,185.35
$115,185.35 0.05000 $479.94 $0.00 ($479.94) $115,665.28
$115,665.28 0.05000 $481.94 $0.00 ($481.94) $116,147.22
$116,147.22 0.05000 $483.95 $0.00 ($483.95) $116,631.17
$116,631.17 0.05000 $485.96 $0.00 ($485.96) $117,117.13
$117,117.13 0.05000 $487.99 $0.00 ($487.99) $117,605.12
$117,605.12 0.05000 $490.02 $0.00 ($490.02) $118,095.14
$118,095.14 0.05000 $492.06 $0.00 ($492.06) $118,587.21
$118,587.21 0.05000 $494.11 $0.00 ($494.11) $119,081.32
$119,081.32 0.05000 $496.17 $0.00 ($496.17) $119,577.49
$119,577.49 0.05000 $498.24 $0.00 ($498.24) $120,075.73
$120,075.73 0.05000 $500.32 $0.00 ($500.32) $120,576.05
$120,576.05 0.05000 $502.40 $0.00 ($502.40) $121,078.45
$121,078.45 0.05000 $504.49 $0.00 ($504.49) $121,582.94
$121,582.94 0.05000 $506.60 $0.00 ($506.60) $122,089.54
$122,089.54 0.05000 $508.71 $0.00 ($508.71) $122,598.24
$122,598.24 0.05000 $510.83 $0.00 ($510.83) $123,109.07
$123,109.07 0.05000 $512.95 $0.00 ($512.95) $123,622.02
$123,622.02 0.05000 $515.09 $0.00 ($515.09) $124,137.11
$124,137.11 0.05000 $517.24 $0.00 ($517.24) $124,654.35
$124,654.35 0.05000 $519.39 $0.00 ($519.39) $125,173.75
$125,173.75 0.05000 $521.56 $0.00 ($521.56) $125,695.30
$125,695.30 0.05000 $523.73 $0.00 ($523.73) $126,219.03
$126,219.03 0.05000 $525.91 $0.00 ($525.91) $126,744.95
$126,744.95 0.05000 $528.10 $0.00 ($528.10) $127,273.05
$127,273.05 0.05000 $530.30 $0.00 ($530.30) $127,803.35
$127,803.35 0.05000 $532.51 $0.00 ($532.51) $128,335.87
$128,335.87 0.05000 $534.73 $1,014.87 $480.14 $127,855.73
$127,855.73 0.05000 $532.73 $1,014.87 $482.14 $127,373.59
$127,373.59 0.05000 $530.72 $1,014.87 $484.15 $126,889.45
$126,889.45 0.05000 $528.71 $1,014.87 $486.16 $126,403.28
$126,403.28 0.05000 $526.68 $1,014.87 $488.19 $125,915.09
$125,915.09 0.05000 $524.65 $1,014.87 $490.22 $125,424.87
$125,424.87 0.05000 $522.60 $1,014.87 $492.27 $124,932.60
$124,932.60 0.05000 $520.55 $1,014.87 $494.32 $124,438.28
$124,438.28 0.05000 $518.49 $1,014.87 $496.38 $123,941.91
$123,941.91 0.05000 $516.42 $1,014.87 $498.45 $123,443.46
$123,443.46 0.05000 $514.35 $1,014.87 $500.52 $122,942.94
$122,942.94 0.05000 $512.26 $1,014.87 $502.61 $122,440.33
$122,440.33 0.05000 $510.17 $1,014.87 $504.70 $121,935.63
$121,935.63 0.05000 $508.07 $1,014.87 $506.80 $121,428.83
$121,428.83 0.05000 $505.95 $1,014.87 $508.92 $120,919.91
$120,919.91 0.05000 $503.83 $1,014.87 $511.04 $120,408.87
$120,408.87 0.05000 $501.70 $1,014.87 $513.17 $119,895.71
$119,895.71 0.05000 $499.57 $1,014.87 $515.30 $119,380.40
$119,380.40 0.05000 $497.42 $1,014.87 $517.45 $118,862.95
$118,862.95 0.05000 $495.26 $1,014.87 $519.61 $118,343.34
$118,343.34 0.05000 $493.10 $1,014.87 $521.77 $117,821.57
$117,821.57 0.05000 $490.92 $1,014.87 $523.95 $117,297.62
$117,297.62 0.05000 $488.74 $1,014.87 $526.13 $116,771.49
$116,771.49 0.05000 $486.55 $1,014.87 $528.32 $116,243.17
$116,243.17 0.05000 $484.35 $1,014.87 $530.52 $115,712.65
$115,712.65 0.05000 $482.14 $1,014.87 $532.73 $115,179.91
$115,179.91 0.05000 $479.92 $1,014.87 $534.95 $114,644.96
$114,644.96 0.05000 $477.69 $1,014.87 $537.18 $114,107.78
$114,107.78 0.05000 $475.45 $1,014.87 $539.42 $113,568.36
$113,568.36 0.05000 $473.20 $1,014.87 $541.67 $113,026.69
$113,026.69 0.05000 $470.94 $1,014.87 $543.93 $112,482.76
$112,482.76 0.05000 $468.68 $1,014.87 $546.19 $111,936.57
$111,936.57 0.05000 $466.40 $1,014.87 $548.47 $111,388.10
$111,388.10 0.05000 $464.12 $1,014.87 $550.75 $110,837.35
$110,837.35 0.05000 $461.82 $1,014.87 $553.05 $110,284.30
$110,284.30 0.05000 $459.52 $1,014.87 $555.35 $109,728.95
$109,728.95 0.05000 $457.20 $1,014.87 $557.67 $109,171.28
$109,171.28 0.05000 $454.88 $1,014.87 $559.99 $108,611.29
$108,611.29 0.05000 $452.55 $1,014.87 $562.32 $108,048.97
$108,048.97 0.05000 $450.20 $1,014.87 $564.67 $107,484.30
$107,484.30 0.05000 $447.85 $1,014.87 $567.02 $106,917.29
$106,917.29 0.05000 $445.49 $1,014.87 $569.38 $106,347.90
$106,347.90 0.05000 $443.12 $1,014.87 $571.75 $105,776.15
$105,776.15 0.05000 $440.73 $1,014.87 $574.14 $105,202.01
$105,202.01 0.05000 $438.34 $1,014.87 $576.53 $104,625.49
$104,625.49 0.05000 $435.94 $1,014.87 $578.93 $104,046.56
$104,046.56 0.05000 $433.53 $1,014.87 $581.34 $103,465.21
$103,465.21 0.05000 $431.11 $1,014.87 $583.76 $102,881.45
$102,881.45 0.05000 $428.67 $1,014.87 $586.20 $102,295.25
$102,295.25 0.05000 $426.23 $1,014.87 $588.64 $101,706.61
$101,706.61 0.05000 $423.78 $1,014.87 $591.09 $101,115.52
$101,115.52 0.05000 $421.31 $1,014.87 $593.56 $100,521.96
$100,521.96 0.05000 $418.84 $1,014.87 $596.03 $99,925.94
$99,925.94 0.05000 $416.36 $1,014.87 $598.51 $99,327.42
$99,327.42 0.05000 $413.86 $1,014.87 $601.01 $98,726.42
$98,726.42 0.05000 $411.36 $1,014.87 $603.51 $98,122.91
$98,122.91 0.05000 $408.85 $1,014.87 $606.02 $97,516.88
$97,516.88 0.05000 $406.32 $1,014.87 $608.55 $96,908.33
$96,908.33 0.05000 $403.78 $1,014.87 $611.09 $96,297.25
$96,297.25 0.05000 $401.24 $1,014.87 $613.63 $95,683.62
$95,683.62 0.05000 $398.68 $1,014.87 $616.19 $95,067.43
$95,067.43 0.05000 $396.11 $1,014.87 $618.76 $94,448.67
$94,448.67 0.05000 $393.54 $1,014.87 $621.33 $93,827.34
$93,827.34 0.05000 $390.95 $1,014.87 $623.92 $93,203.42
$93,203.42 0.05000 $388.35 $1,014.87 $626.52 $92,576.89
$92,576.89 0.05000 $385.74 $1,014.87 $629.13 $91,947.76
$91,947.76 0.05000 $383.12 $1,014.87 $631.75 $91,316.01
$91,316.01 0.05000 $380.48 $1,014.87 $634.39 $90,681.62
$90,681.62 0.05000 $377.84 $1,014.87 $637.03 $90,044.59
$90,044.59 0.05000 $375.19 $1,014.87 $639.68 $89,404.91
$89,404.91 0.05000 $372.52 $1,014.87 $642.35 $88,762.56
$88,762.56 0.05000 $369.84 $1,014.87 $645.03 $88,117.53
$88,117.53 0.05000 $367.16 $1,014.87 $647.71 $87,469.82
$87,469.82 0.05000 $364.46 $1,014.87 $650.41 $86,819.40
$86,819.40 0.05000 $361.75 $1,014.87 $653.12 $86,166.28
$86,166.28 0.05000 $359.03 $1,014.87 $655.84 $85,510.44
$85,510.44 0.05000 $356.29 $1,014.87 $658.58 $84,851.86
$84,851.86 0.05000 $353.55 $1,014.87 $661.32 $84,190.54
$84,190.54 0.05000 $350.79 $1,014.87 $664.08 $83,526.46
$83,526.46 0.05000 $348.03 $1,014.87 $666.84 $82,859.62
$82,859.62 0.05000 $345.25 $1,014.87 $669.62 $82,190.00
$82,190.00 0.05000 $342.46 $1,014.87 $672.41 $81,517.59
$81,517.59 0.05000 $339.66 $1,014.87 $675.21 $80,842.37
$80,842.37 0.05000 $336.84 $1,014.87 $678.03 $80,164.35
$80,164.35 0.05000 $334.02 $1,014.87 $680.85 $79,483.50
$79,483.50 0.05000 $331.18 $1,014.87 $683.69 $78,799.81
$78,799.81 0.05000 $328.33 $1,014.87 $686.54 $78,113.27
$78,113.27 0.05000 $325.47 $1,014.87 $689.40 $77,423.87
$77,423.87 0.05000 $322.60 $1,014.87 $692.27 $76,731.60
$76,731.60 0.05000 $319.72 $1,014.87 $695.15 $76,036.45
$76,036.45 0.05000 $316.82 $1,014.87 $698.05 $75,338.39
$75,338.39 0.05000 $313.91 $1,014.87 $700.96 $74,637.43
$74,637.43 0.05000 $310.99 $1,014.87 $703.88 $73,933.55
$73,933.55 0.05000 $308.06 $1,014.87 $706.81 $73,226.74
$73,226.74 0.05000 $305.11 $1,014.87 $709.76 $72,516.98
$72,516.98 0.05000 $302.15 $1,014.87 $712.72 $71,804.27
$71,804.27 0.05000 $299.18 $1,014.87 $715.69 $71,088.58
$71,088.58 0.05000 $296.20 $1,014.87 $718.67 $70,369.91
$70,369.91 0.05000 $293.21 $1,014.87 $721.66 $69,648.25
$69,648.25 0.05000 $290.20 $1,014.87 $724.67 $68,923.58
$68,923.58 0.05000 $287.18 $1,014.87 $727.69 $68,195.89
$68,195.89 0.05000 $284.15 $1,014.87 $730.72 $67,465.17
$67,465.17 0.05000 $281.10 $1,014.87 $733.77 $66,731.41
$66,731.41 0.05000 $278.05 $1,014.87 $736.82 $65,994.59
$65,994.59 0.05000 $274.98 $1,014.87 $739.89 $65,254.69
$65,254.69 0.05000 $271.89 $1,014.87 $742.98 $64,511.72
$64,511.72 0.05000 $268.80 $1,014.87 $746.07 $63,765.65
$63,765.65 0.05000 $265.69 $1,014.87 $749.18 $63,016.47
$63,016.47 0.05000 $262.57 $1,014.87 $752.30 $62,264.16
$62,264.16 0.05000 $259.43 $1,014.87 $755.44 $61,508.73
$61,508.73 0.05000 $256.29 $1,014.87 $758.58 $60,750.15
$60,750.15 0.05000 $253.13 $1,014.87 $761.74 $59,988.40
$59,988.40 0.05000 $249.95 $1,014.87 $764.92 $59,223.48
$59,223.48 0.05000 $246.76 $1,014.87 $768.11 $58,455.38
$58,455.38 0.05000 $243.56 $1,014.87 $771.31 $57,684.07
$57,684.07 0.05000 $240.35 $1,014.87 $774.52 $56,909.55
$56,909.55 0.05000 $237.12 $1,014.87 $777.75 $56,131.80
$56,131.80 0.05000 $233.88 $1,014.87 $780.99 $55,350.82
$55,350.82 0.05000 $230.63 $1,014.87 $784.24 $54,566.58
$54,566.58 0.05000 $227.36 $1,014.87 $787.51 $53,779.07
$53,779.07 0.05000 $224.08 $1,014.87 $790.79 $52,988.28
$52,988.28 0.05000 $220.78 $1,014.87 $794.09 $52,194.19
$52,194.19 0.05000 $217.48 $1,014.87 $797.39 $51,396.80
$51,396.80 0.05000 $214.15 $1,014.87 $800.72 $50,596.08
$50,596.08 0.05000 $210.82 $1,014.87 $804.05 $49,792.03
$49,792.03 0.05000 $207.47 $1,014.87 $807.40 $48,984.62
$48,984.62 0.05000 $204.10 $1,014.87 $810.77 $48,173.86
$48,173.86 0.05000 $200.72 $1,014.87 $814.15 $47,359.71
$47,359.71 0.05000 $197.33 $1,014.87 $817.54 $46,542.17
$46,542.17 0.05000 $193.93 $1,014.87 $820.94 $45,721.23
$45,721.23 0.05000 $190.51 $1,014.87 $824.36 $44,896.86
$44,896.86 0.05000 $187.07 $1,014.87 $827.80 $44,069.06
$44,069.06 0.05000 $183.62 $1,014.87 $831.25 $43,237.81
$43,237.81 0.05000 $180.16 $1,014.87 $834.71 $42,403.10
$42,403.10 0.05000 $176.68 $1,014.87 $838.19 $41,564.91
$41,564.91 0.05000 $173.19 $1,014.87 $841.68 $40,723.23
$40,723.23 0.05000 $169.68 $1,014.87 $845.19 $39,878.04
$39,878.04 0.05000 $166.16 $1,014.87 $848.71 $39,029.33
$39,029.33 0.05000 $162.62 $1,014.87 $852.25 $38,177.08
$38,177.08 0.05000 $159.07 $1,014.87 $855.80 $37,321.28
$37,321.28 0.05000 $155.51 $1,014.87 $859.36 $36,461.92
$36,461.92 0.05000 $151.92 $1,014.87 $862.95 $35,598.97
$35,598.97 0.05000 $148.33 $1,014.87 $866.54 $34,732.43
$34,732.43 0.05000 $144.72 $1,014.87 $870.15 $33,862.28
$33,862.28 0.05000 $141.09 $1,014.87 $873.78 $32,988.50
$32,988.50 0.05000 $137.45 $1,014.87 $877.42 $32,111.08
$32,111.08 0.05000 $133.80 $1,014.87 $881.07 $31,230.01
$31,230.01 0.05000 $130.13 $1,014.87 $884.74 $30,345.26
$30,345.26 0.05000 $126.44 $1,014.87 $888.43 $29,456.83
$29,456.83 0.05000 $122.74 $1,014.87 $892.13 $28,564.70
$28,564.70 0.05000 $119.02 $1,014.87 $895.85 $27,668.85
$27,668.85 0.05000 $115.29 $1,014.87 $899.58 $26,769.27
$26,769.27 0.05000 $111.54 $1,014.87 $903.33 $25,865.93
$25,865.93 0.05000 $107.77 $1,014.87 $907.10 $24,958.84
$24,958.84 0.05000 $104.00 $1,014.87 $910.87 $24,047.96
$24,047.96 0.05000 $100.20 $1,014.87 $914.67 $23,133.29
$23,133.29 0.05000 $96.39 $1,014.87 $918.48 $22,214.81
$22,214.81 0.05000 $92.56 $1,014.87 $922.31 $21,292.50
$21,292.50 0.05000 $88.72 $1,014.87 $926.15 $20,366.35
$20,366.35 0.05000 $84.86 $1,014.87 $930.01 $19,436.34
$19,436.34 0.05000 $80.98 $1,014.87 $933.89 $18,502.46
$18,502.46 0.05000 $77.09 $1,014.87 $937.78 $17,564.68
$17,564.68 0.05000 $73.19 $1,014.87 $941.68 $16,623.00
$16,623.00 0.05000 $69.26 $1,014.87 $945.61 $15,677.39
$15,677.39 0.05000 $65.32 $1,014.87 $949.55 $14,727.84
$14,727.84 0.05000 $61.37 $1,014.87 $953.50 $13,774.34
$13,774.34 0.05000 $57.39 $1,014.87 $957.48 $12,816.86
$12,816.86 0.05000 $53.40 $1,014.87 $961.47 $11,855.40
$11,855.40 0.05000 $49.40 $1,014.87 $965.47 $10,889.92
$10,889.92 0.05000 $45.37 $1,014.87 $969.50 $9,920.43
$9,920.43 0.05000 $41.34 $1,014.87 $973.53 $8,946.89
$8,946.89 0.05000 $37.28 $1,014.87 $977.59 $7,969.30
$7,969.30 0.05000 $33.21 $1,014.87 $981.66 $6,987.64
$6,987.64 0.05000 $29.12 $1,014.87 $985.75 $6,001.88
$6,001.88 0.05000 $25.01 $1,014.87 $989.86 $5,012.02
$5,012.02 0.05000 $20.88 $1,014.87 $993.99 $4,018.03
$4,018.03 0.05000 $16.74 $1,014.87 $998.13 $3,019.91
$3,019.91 0.05000 $12.58 $1,014.87 $1,002.29 $2,017.62
$2,017.62 0.05000 $08.41 $1,014.87 $1,006.46 $1,011.16
$1,011.16 0.05000 $04.21 $1,015.27 $1,010.66 $0.00

If the table did not appear properly, my apologies, but I do not have time to fiddle with formatting now.

If it helps, you could think of it as being two amortization schedules, first being 100k at 5% montlhy with zero payments for 60 months, and then second being $128,335.87 at 5% monthly fully amortized over 180 months.

Regards, JAFO


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Author: JAFO31 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 77597 of 121256
Subject: Re: Any Math Whizzes out there? Date: 3/11/2005 3:07 PM
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I should have previewed my prior replay!

Prin. Bal.- i rate -int.---payment ---P.reduce. new bal.
$100,000.00 0.05000 $416.67 $0.00--- ($416.67) $100,416.67 
$100,416.67 0.05000 $418.40 $0.00--- ($418.40) $100,835.07 
$100,835.07 0.05000 $420.15 $0.00--- ($420.15) $101,255.22 
$101,255.22 0.05000 $421.90 $0.00--- ($421.90) $101,677.11 
$101,677.11 0.05000 $423.65 $0.00--- ($423.65) $102,100.77 
$102,100.77 0.05000 $425.42 $0.00--- ($425.42) $102,526.19 
$102,526.19 0.05000 $427.19 $0.00--- ($427.19) $102,953.38 
$102,953.38 0.05000 $428.97 $0.00--- ($428.97) $103,382.35 
$103,382.35 0.05000 $430.76 $0.00--- ($430.76) $103,813.11 
$103,813.11 0.05000 $432.55 $0.00--- ($432.55) $104,245.67 
$104,245.67 0.05000 $434.36 $0.00--- ($434.36) $104,680.02 
$104,680.02 0.05000 $436.17 $0.00--- ($436.17) $105,116.19 
$105,116.19 0.05000 $437.98 $0.00--- ($437.98) $105,554.17 
$105,554.17 0.05000 $439.81 $0.00--- ($439.81) $105,993.98 
$105,993.98 0.05000 $441.64 $0.00--- ($441.64) $106,435.62 
$106,435.62 0.05000 $443.48 $0.00--- ($443.48) $106,879.11 
$106,879.11 0.05000 $445.33 $0.00--- ($445.33) $107,324.44 
$107,324.44 0.05000 $447.19 $0.00--- ($447.19) $107,771.62 
$107,771.62 0.05000 $449.05 $0.00--- ($449.05) $108,220.67 
$108,220.67 0.05000 $450.92 $0.00--- ($450.92) $108,671.59 
$108,671.59 0.05000 $452.80 $0.00--- ($452.80) $109,124.39 
$109,124.39 0.05000 $454.68 $0.00--- ($454.68) $109,579.07 
$109,579.07 0.05000 $456.58 $0.00--- ($456.58) $110,035.65 
$110,035.65 0.05000 $458.48 $0.00--- ($458.48) $110,494.13 
$110,494.13 0.05000 $460.39 $0.00--- ($460.39) $110,954.53 
$110,954.53 0.05000 $462.31 $0.00--- ($462.31) $111,416.84 
$111,416.84 0.05000 $464.24 $0.00--- ($464.24) $111,881.07 
$111,881.07 0.05000 $466.17 $0.00--- ($466.17) $112,347.24 
$112,347.24 0.05000 $468.11 $0.00--- ($468.11) $112,815.36 
$112,815.36 0.05000 $470.06 $0.00--- ($470.06) $113,285.42 
$113,285.42 0.05000 $472.02 $0.00--- ($472.02) $113,757.44 
$113,757.44 0.05000 $473.99 $0.00--- ($473.99) $114,231.43 
$114,231.43 0.05000 $475.96 $0.00--- ($475.96) $114,707.40 
$114,707.40 0.05000 $477.95 $0.00--- ($477.95) $115,185.35 
$115,185.35 0.05000 $479.94 $0.00--- ($479.94) $115,665.28 
$115,665.28 0.05000 $481.94 $0.00--- ($481.94) $116,147.22 
$116,147.22 0.05000 $483.95 $0.00--- ($483.95) $116,631.17 
$116,631.17 0.05000 $485.96 $0.00--- ($485.96) $117,117.13 
$117,117.13 0.05000 $487.99 $0.00--- ($487.99) $117,605.12 
$117,605.12 0.05000 $490.02 $0.00--- ($490.02) $118,095.14 
$118,095.14 0.05000 $492.06 $0.00--- ($492.06) $118,587.21 
$118,587.21 0.05000 $494.11 $0.00--- ($494.11) $119,081.32 
$119,081.32 0.05000 $496.17 $0.00--- ($496.17) $119,577.49 
$119,577.49 0.05000 $498.24 $0.00--- ($498.24) $120,075.73 
$120,075.73 0.05000 $500.32 $0.00--- ($500.32) $120,576.05 
$120,576.05 0.05000 $502.40 $0.00--- ($502.40) $121,078.45 
$121,078.45 0.05000 $504.49 $0.00--- ($504.49) $121,582.94 
$121,582.94 0.05000 $506.60 $0.00--- ($506.60) $122,089.54 
$122,089.54 0.05000 $508.71 $0.00--- ($508.71) $122,598.24 
$122,598.24 0.05000 $510.83 $0.00--- ($510.83) $123,109.07 
$123,109.07 0.05000 $512.95 $0.00--- ($512.95) $123,622.02 
$123,622.02 0.05000 $515.09 $0.00--- ($515.09) $124,137.11 
$124,137.11 0.05000 $517.24 $0.00--- ($517.24) $124,654.35 
$124,654.35 0.05000 $519.39 $0.00--- ($519.39) $125,173.75 
$125,173.75 0.05000 $521.56 $0.00--- ($521.56) $125,695.30 
$125,695.30 0.05000 $523.73 $0.00--- ($523.73) $126,219.03 
$126,219.03 0.05000 $525.91 $0.00--- ($525.91) $126,744.95 
$126,744.95 0.05000 $528.10 $0.00--- ($528.10) $127,273.05 
$127,273.05 0.05000 $530.30 $0.00--- ($530.30) $127,803.35 
$127,803.35 0.05000 $532.51 $0.00--- ($532.51) $128,335.87 
$128,335.87 0.05000 $534.73 $1,014.87 $480.14  $127,855.73 
$127,855.73 0.05000 $532.73 $1,014.87 $482.14  $127,373.59 
$127,373.59 0.05000 $530.72 $1,014.87 $484.15  $126,889.45 
$126,889.45 0.05000 $528.71 $1,014.87 $486.16  $126,403.28 
$126,403.28 0.05000 $526.68 $1,014.87 $488.19  $125,915.09 
$125,915.09 0.05000 $524.65 $1,014.87 $490.22  $125,424.87 
$125,424.87 0.05000 $522.60 $1,014.87 $492.27  $124,932.60 
$124,932.60 0.05000 $520.55 $1,014.87 $494.32  $124,438.28 
$124,438.28 0.05000 $518.49 $1,014.87 $496.38  $123,941.91 
$123,941.91 0.05000 $516.42 $1,014.87 $498.45  $123,443.46 
$123,443.46 0.05000 $514.35 $1,014.87 $500.52  $122,942.94 
$122,942.94 0.05000 $512.26 $1,014.87 $502.61  $122,440.33 
$122,440.33 0.05000 $510.17 $1,014.87 $504.70  $121,935.63 
$121,935.63 0.05000 $508.07 $1,014.87 $506.80  $121,428.83 
$121,428.83 0.05000 $505.95 $1,014.87 $508.92  $120,919.91 
$120,919.91 0.05000 $503.83 $1,014.87 $511.04  $120,408.87 
$120,408.87 0.05000 $501.70 $1,014.87 $513.17  $119,895.71 
$119,895.71 0.05000 $499.57 $1,014.87 $515.30  $119,380.40 
$119,380.40 0.05000 $497.42 $1,014.87 $517.45  $118,862.95 
$118,862.95 0.05000 $495.26 $1,014.87 $519.61  $118,343.34 
$118,343.34 0.05000 $493.10 $1,014.87 $521.77  $117,821.57 
$117,821.57 0.05000 $490.92 $1,014.87 $523.95  $117,297.62 
$117,297.62 0.05000 $488.74 $1,014.87 $526.13  $116,771.49 
$116,771.49 0.05000 $486.55 $1,014.87 $528.32  $116,243.17 
$116,243.17 0.05000 $484.35 $1,014.87 $530.52  $115,712.65 
$115,712.65 0.05000 $482.14 $1,014.87 $532.73  $115,179.91 
$115,179.91 0.05000 $479.92 $1,014.87 $534.95  $114,644.96 
$114,644.96 0.05000 $477.69 $1,014.87 $537.18  $114,107.78 
$114,107.78 0.05000 $475.45 $1,014.87 $539.42  $113,568.36 
$113,568.36 0.05000 $473.20 $1,014.87 $541.67  $113,026.69 
$113,026.69 0.05000 $470.94 $1,014.87 $543.93  $112,482.76 
$112,482.76 0.05000 $468.68 $1,014.87 $546.19  $111,936.57 
$111,936.57 0.05000 $466.40 $1,014.87 $548.47  $111,388.10 
$111,388.10 0.05000 $464.12 $1,014.87 $550.75  $110,837.35 
$110,837.35 0.05000 $461.82 $1,014.87 $553.05  $110,284.30 
$110,284.30 0.05000 $459.52 $1,014.87 $555.35  $109,728.95 
$109,728.95 0.05000 $457.20 $1,014.87 $557.67  $109,171.28 
$109,171.28 0.05000 $454.88 $1,014.87 $559.99  $108,611.29 
$108,611.29 0.05000 $452.55 $1,014.87 $562.32  $108,048.97 
$108,048.97 0.05000 $450.20 $1,014.87 $564.67  $107,484.30 
$107,484.30 0.05000 $447.85 $1,014.87 $567.02  $106,917.29 
$106,917.29 0.05000 $445.49 $1,014.87 $569.38  $106,347.90 
$106,347.90 0.05000 $443.12 $1,014.87 $571.75  $105,776.15 
$105,776.15 0.05000 $440.73 $1,014.87 $574.14  $105,202.01 
$105,202.01 0.05000 $438.34 $1,014.87 $576.53  $104,625.49 
$104,625.49 0.05000 $435.94 $1,014.87 $578.93  $104,046.56 
$104,046.56 0.05000 $433.53 $1,014.87 $581.34  $103,465.21 
$103,465.21 0.05000 $431.11 $1,014.87 $583.76  $102,881.45 
$102,881.45 0.05000 $428.67 $1,014.87 $586.20  $102,295.25 
$102,295.25 0.05000 $426.23 $1,014.87 $588.64  $101,706.61 
$101,706.61 0.05000 $423.78 $1,014.87 $591.09  $101,115.52 
$101,115.52 0.05000 $421.31 $1,014.87 $593.56  $100,521.96 
$100,521.96 0.05000 $418.84 $1,014.87 $596.03  $ 99,925.94 
$ 99,925.94 0.05000 $416.36 $1,014.87 $598.51  $ 99,327.42 
$ 99,327.42 0.05000 $413.86 $1,014.87 $601.01  $ 98,726.42 
$ 98,726.42 0.05000 $411.36 $1,014.87 $603.51  $ 98,122.91 
$ 98,122.91 0.05000 $408.85 $1,014.87 $606.02  $ 97,516.88 
$ 97,516.88 0.05000 $406.32 $1,014.87 $608.55  $ 96,908.33 
$ 96,908.33 0.05000 $403.78 $1,014.87 $611.09  $ 96,297.25 
$ 96,297.25 0.05000 $401.24 $1,014.87 $613.63  $ 95,683.62 
$ 95,683.62 0.05000 $398.68 $1,014.87 $616.19  $ 95,067.43 
$ 95,067.43 0.05000 $396.11 $1,014.87 $618.76  $ 94,448.67 
$ 94,448.67 0.05000 $393.54 $1,014.87 $621.33  $ 93,827.34 
$ 93,827.34 0.05000 $390.95 $1,014.87 $623.92  $ 93,203.42 
$ 93,203.42 0.05000 $388.35 $1,014.87 $626.52  $ 92,576.89 
$ 92,576.89 0.05000 $385.74 $1,014.87 $629.13  $ 91,947.76 
$ 91,947.76 0.05000 $383.12 $1,014.87 $631.75  $ 91,316.01 
$ 91,316.01 0.05000 $380.48 $1,014.87 $634.39  $ 90,681.62 
$ 90,681.62 0.05000 $377.84 $1,014.87 $637.03  $ 90,044.59 
$ 90,044.59 0.05000 $375.19 $1,014.87 $639.68  $ 89,404.91 
$ 89,404.91 0.05000 $372.52 $1,014.87 $642.35  $ 88,762.56 
$ 88,762.56 0.05000 $369.84 $1,014.87 $645.03  $ 88,117.53 
$ 88,117.53 0.05000 $367.16 $1,014.87 $647.71  $ 87,469.82 
$ 87,469.82 0.05000 $364.46 $1,014.87 $650.41  $ 86,819.40 
$ 86,819.40 0.05000 $361.75 $1,014.87 $653.12  $ 86,166.28 
$ 86,166.28 0.05000 $359.03 $1,014.87 $655.84  $ 85,510.44 
$ 85,510.44 0.05000 $356.29 $1,014.87 $658.58  $ 84,851.86 
$ 84,851.86 0.05000 $353.55 $1,014.87 $661.32  $ 84,190.54 
$ 84,190.54 0.05000 $350.79 $1,014.87 $664.08  $ 83,526.46 
$ 83,526.46 0.05000 $348.03 $1,014.87 $666.84  $ 82,859.62 
$ 82,859.62 0.05000 $345.25 $1,014.87 $669.62  $ 82,190.00 
$ 82,190.00 0.05000 $342.46 $1,014.87 $672.41  $ 81,517.59 
$ 81,517.59 0.05000 $339.66 $1,014.87 $675.21  $ 80,842.37 
$ 80,842.37 0.05000 $336.84 $1,014.87 $678.03  $ 80,164.35 
$ 80,164.35 0.05000 $334.02 $1,014.87 $680.85  $ 79,483.50 
$ 79,483.50 0.05000 $331.18 $1,014.87 $683.69  $ 78,799.81 
$ 78,799.81 0.05000 $328.33 $1,014.87 $686.54  $ 78,113.27 
$ 78,113.27 0.05000 $325.47 $1,014.87 $689.40  $ 77,423.87 
$ 77,423.87 0.05000 $322.60 $1,014.87 $692.27  $ 76,731.60 
$ 76,731.60 0.05000 $319.72 $1,014.87 $695.15  $ 76,036.45 
$ 76,036.45 0.05000 $316.82 $1,014.87 $698.05  $ 75,338.39 
$ 75,338.39 0.05000 $313.91 $1,014.87 $700.96  $ 74,637.43 
$ 74,637.43 0.05000 $310.99 $1,014.87 $703.88  $ 73,933.55 
$ 73,933.55 0.05000 $308.06 $1,014.87 $706.81  $ 73,226.74 
$ 73,226.74 0.05000 $305.11 $1,014.87 $709.76  $ 72,516.98 
$ 72,516.98 0.05000 $302.15 $1,014.87 $712.72  $ 71,804.27 
$ 71,804.27 0.05000 $299.18 $1,014.87 $715.69  $ 71,088.58 
$ 71,088.58 0.05000 $296.20 $1,014.87 $718.67  $ 70,369.91 
$ 70,369.91 0.05000 $293.21 $1,014.87 $721.66  $ 69,648.25 
$ 69,648.25 0.05000 $290.20 $1,014.87 $724.67  $ 68,923.58 
$ 68,923.58 0.05000 $287.18 $1,014.87 $727.69  $ 68,195.89 
$ 68,195.89 0.05000 $284.15 $1,014.87 $730.72  $ 67,465.17 
$ 67,465.17 0.05000 $281.10 $1,014.87 $733.77  $ 66,731.41 
$ 66,731.41 0.05000 $278.05 $1,014.87 $736.82  $ 65,994.59 
$ 65,994.59 0.05000 $274.98 $1,014.87 $739.89  $ 65,254.69 
$ 65,254.69 0.05000 $271.89 $1,014.87 $742.98  $ 64,511.72 
$ 64,511.72 0.05000 $268.80 $1,014.87 $746.07  $ 63,765.65 
$ 63,765.65 0.05000 $265.69 $1,014.87 $749.18  $ 63,016.47 
$ 63,016.47 0.05000 $262.57 $1,014.87 $752.30  $ 62,264.16 
$ 62,264.16 0.05000 $259.43 $1,014.87 $755.44  $ 61,508.73 
$ 61,508.73 0.05000 $256.29 $1,014.87 $758.58  $ 60,750.15 
$ 60,750.15 0.05000 $253.13 $1,014.87 $761.74  $ 59,988.40 
$ 59,988.40 0.05000 $249.95 $1,014.87 $764.92  $ 59,223.48 
$ 59,223.48 0.05000 $246.76 $1,014.87 $768.11  $ 58,455.38 
$ 58,455.38 0.05000 $243.56 $1,014.87 $771.31  $ 57,684.07 
$ 57,684.07 0.05000 $240.35 $1,014.87 $774.52  $ 56,909.55 
$ 56,909.55 0.05000 $237.12 $1,014.87 $777.75  $ 56,131.80 
$ 56,131.80 0.05000 $233.88 $1,014.87 $780.99  $ 55,350.82 
$ 55,350.82 0.05000 $230.63 $1,014.87 $784.24  $ 54,566.58 
$ 54,566.58 0.05000 $227.36 $1,014.87 $787.51  $ 53,779.07 
$ 53,779.07 0.05000 $224.08 $1,014.87 $790.79  $ 52,988.28 
$ 52,988.28 0.05000 $220.78 $1,014.87 $794.09  $ 52,194.19 
$ 52,194.19 0.05000 $217.48 $1,014.87 $797.39  $ 51,396.80 
$ 51,396.80 0.05000 $214.15 $1,014.87 $800.72  $ 50,596.08 
$ 50,596.08 0.05000 $210.82 $1,014.87 $804.05  $ 49,792.03 
$ 49,792.03 0.05000 $207.47 $1,014.87 $807.40  $ 48,984.62 
$ 48,984.62 0.05000 $204.10 $1,014.87 $810.77  $ 48,173.86 
$ 48,173.86 0.05000 $200.72 $1,014.87 $814.15  $ 47,359.71 
$ 47,359.71 0.05000 $197.33 $1,014.87 $817.54  $ 46,542.17 
$ 46,542.17 0.05000 $193.93 $1,014.87 $820.94  $ 45,721.23 
$ 45,721.23 0.05000 $190.51 $1,014.87 $824.36  $ 44,896.86 
$ 44,896.86 0.05000 $187.07 $1,014.87 $827.80  $ 44,069.06 
$ 44,069.06 0.05000 $183.62 $1,014.87 $831.25  $ 43,237.81 
$ 43,237.81 0.05000 $180.16 $1,014.87 $834.71  $ 42,403.10 
$ 42,403.10 0.05000 $176.68 $1,014.87 $838.19  $ 41,564.91 
$ 41,564.91 0.05000 $173.19 $1,014.87 $841.68  $ 40,723.23 
$ 40,723.23 0.05000 $169.68 $1,014.87 $845.19  $ 39,878.04 
$ 39,878.04 0.05000 $166.16 $1,014.87 $848.71  $ 39,029.33 
$ 39,029.33 0.05000 $162.62 $1,014.87 $852.25  $ 38,177.08 
$ 38,177.08 0.05000 $159.07 $1,014.87 $855.80  $ 37,321.28 
$ 37,321.28 0.05000 $155.51 $1,014.87 $859.36  $ 36,461.92 
$ 36,461.92 0.05000 $151.92 $1,014.87 $862.95  $ 35,598.97 
$ 35,598.97 0.05000 $148.33 $1,014.87 $866.54  $ 34,732.43 
$ 34,732.43 0.05000 $144.72 $1,014.87 $870.15  $ 33,862.28 
$ 33,862.28 0.05000 $141.09 $1,014.87 $873.78  $ 32,988.50 
$ 32,988.50 0.05000 $137.45 $1,014.87 $877.42  $ 32,111.08 
$ 32,111.08 0.05000 $133.80 $1,014.87 $881.07  $ 31,230.01 
$ 31,230.01 0.05000 $130.13 $1,014.87 $884.74  $ 30,345.26 
$ 30,345.26 0.05000 $126.44 $1,014.87 $888.43  $ 29,456.83 
$ 29,456.83 0.05000 $122.74 $1,014.87 $892.13  $ 28,564.70 
$ 28,564.70 0.05000 $119.02 $1,014.87 $895.85  $ 27,668.85 
$ 27,668.85 0.05000 $115.29 $1,014.87 $899.58  $ 26,769.27 
$ 26,769.27 0.05000 $111.54 $1,014.87 $903.33  $ 25,865.93 
$ 25,865.93 0.05000 $107.77 $1,014.87 $907.10  $ 24,958.84 
$ 24,958.84 0.05000 $104.00 $1,014.87 $910.87  $ 24,047.96 
$ 24,047.96 0.05000 $100.20 $1,014.87 $914.67  $ 23,133.29 
$ 23,133.29 0.05000 $ 96.39 $1,014.87 $918.48  $ 22,214.81 
$ 22,214.81 0.05000 $ 92.56 $1,014.87 $922.31  $ 21,292.50 
$ 21,292.50 0.05000 $ 88.72 $1,014.87 $926.15  $ 20,366.35 
$ 20,366.35 0.05000 $ 84.86 $1,014.87 $930.01  $ 19,436.34 
$ 19,436.34 0.05000 $ 80.98 $1,014.87 $933.89  $ 18,502.46 
$ 18,502.46 0.05000 $ 77.09 $1,014.87 $937.78  $ 17,564.68 
$ 17,564.68 0.05000 $ 73.19 $1,014.87 $941.68  $ 16,623.00 
$ 16,623.00 0.05000 $ 69.26 $1,014.87 $945.61  $ 15,677.39 
$ 15,677.39 0.05000 $ 65.32 $1,014.87 $949.55  $ 14,727.84 
$ 14,727.84 0.05000 $ 61.37 $1,014.87 $953.50  $ 13,774.34 
$ 13,774.34 0.05000 $ 57.39 $1,014.87 $957.48  $ 12,816.86 
$ 12,816.86 0.05000 $ 53.40 $1,014.87 $961.47  $ 11,855.40 
$ 11,855.40 0.05000 $ 49.40 $1,014.87 $965.47  $ 10,889.92 
$ 10,889.92 0.05000 $ 45.37 $1,014.87 $969.50  $ 09,920.43 
$ 09,920.43 0.05000 $ 41.34 $1,014.87 $973.53  $ 08,946.89 
$ 08,946.89 0.05000 $ 37.28 $1,014.87 $977.59  $ 07,969.30 
$ 07,969.30 0.05000 $ 33.21 $1,014.87 $981.66  $ 06,987.64 
$ 06,987.64 0.05000 $ 29.12 $1,014.87 $985.75  $ 06,001.88 
$ 06,001.88 0.05000 $ 25.01 $1,014.87 $989.86  $ 05,012.02 
$ 05,012.02 0.05000 $ 20.88 $1,014.87 $993.99  $ 04,018.03 
$ 04,018.03 0.05000 $ 16.74 $1,014.87 $998.13  $ 03,019.91 
$ 03,019.91 0.05000 $ 12.58 $1,014.87$1,002.29 $ 02,017.62 
$ 02,017.62 0.05000 $ 08.41 $1,014.87$1,006.46 $ 01,011.16 
$ 01,011.16 0.05000 $ 04.21 $1,015.27$1,010.66 $ 00,000.00 

Hope this is easier to use.

JAFO


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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: 77600 of 121256
Subject: Re: Any Math Whizzes out there? Date: 3/11/2005 3:41 PM
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Jafo

Thanks for the reply. I understand what you have done. I just have to think about it and do some calculations to convince myself that the computed interest, summed over annual 12 month periods, is the correct amount to show on the lenders tax return as income.

Thanks again!

Terry

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