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  • Profile photo of ozzpomozzpom
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    @ozzpom
    Join Date: 2003
    Post Count: 5
    October 28, 2003 - 4:53 am

    Hi Wannabe im having problems with the maths?in the following advice given to you i cant see where the principle ammount is being factored in to the repayments,i thought this would be necessary to work out the repayment or are they talking interest only.Do you know the correct way to work out the repayments from the bank on say a $100.000 loan over 25 years @ 6.75%? i would be appreciative if you could help regards
    ozzpom

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