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07-03-2008, 02:38 AM
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how do i calculate current mortgage payable...
...under current liabilities when i am given just the mortgage payabl i am asked to write a balance sheet given a bunch of values
and one of them is $175,000 for mortgage payable... in the answer key, they listed under current liabilities.... current portion of mortgage payable $30,000 and under long term liabilities..... Mortgage payable $145,000 there is no other information given about the mortgage and i really cant see how the other information can help me get it either. can some1 help me out...thanx     |
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07-03-2008, 02:43 AM
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Payoff Statement
your best bet to figure your UPB (unpaid principal) is by calling your lender and asking for a payoff.
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