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#2258623 - 08/24/21 07:38 PM APR Balloon Payment
Anonymous Offline
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Joined: Jun 2021
Posts: 187
Does anyone have a reliable tool for calculating the APR on a Balloon payment?
Last edited by dmk124; 08/24/21 07:39 PM.
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#2258628 - 08/24/21 08:19 PM Re: APR Balloon Payment Anonymous
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 83,388
Galveston, TX
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#2258642 - 08/25/21 04:48 AM Re: APR Balloon Payment Anonymous
Richard Insley Offline
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Richard Insley
Joined: Oct 2000
Posts: 10,180
Toano, VA
The "APR Tool" Randy linked is an implementation of the official standard, which is the mathematical equations found in Appendix J of Reg. Z.
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