Loan Term - Other Costs Calculation
planned
D
Dyami Myers-Taylor
Location:
Flip Analyzer - Loan Terms - Other Costs
Suggestion:
Add ability to calculate 'Other Costs' as a dollar $ amount OR in fractions of a %
Why:
Most hard money lenders will have 'junk fees' that are separate from the rate and points and are usually a fixed dollar amount vs a percentage (appraisal $450, onboarding $500, admin $300, ect)
Dave Robertson
planned
Hi Dyami, thanks for the feedback! We will add an option to breakdown and itemize your costs as $ amounts as an option in case you want to do that instead of the % of loan amount option.
D
Dyami Myers-Taylor
Dave Robertson: awesome! Thanks!