Calculating Principal Recapture
Check out a transcript of the video below:
Hey Keyspire, Jason Witzell here, Success Coach. When you’re evaluating a property and The 4 Ways to Win, Principle, Recapture can make up a good portion of your total ROI. It’s an important calculation to understand because it will show you what your equity position is by way of a mortgage table or amortization schedule.
The calculation of a mortgage is complex, but luckily there’s a few good tools that you can use that’ll help. The Keyspire software is one tool that you can use. It’ll also show you a mortgage table and going to the website calculator.net. It has a number of financial calculators and tools, including a mortgage calculator tool that will also show you an amortization schedule.
Take advantage of these great tools to help grow your business and increase your portfolio. Take care of Keyspire.
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