02Interest Owed Right Nowbetween scheduled payments
03Funding Ledgerclosing costs funded; draw 1 not yet requested
| Date | Description | Amount | |
|
|
|
| Remaining loan available |
|
|
Remaining loan available
04Balance Diagramfunding → interest-only hold → amortization
closing costs
builder draw
conversion to P&I
05Interest-Only Payment Schedule
| Payment | Period | Draws | Ending balance | Interest due |
06Payment 13 Conversion (PITI)
| Payment | Date | P&I | Interest | Principal | Tax+Ins. | Total PITI | Balance |