Friday, October 10, 2008

Our second loan payment

Well last time I hypothesized that this payment would be similar to the first. Well if you consider double about the same I guess I would be right. The second and third draw were for quite a bit and as you can see the loan amount is up to $272, 077, which would yield ~$1500 monthly interest payment... Hmm, 1372 isn't that far from 1500. Maybe I should be asking for the actual dates that the draws are sent out. It seems a little high for just half a month with the higher loan amount. Maybe not. In any case, it is what it is.

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