Loan Amortization in Commercial Real Estate
The Course Will Teach You to
- Calculate traditional monthly payments, interest, principal, and outstanding balance
- Calculate interest, principal, and outstanding balance using a daily interest rate based on a 360-day year with traditional monthly payment
- Calculate effective interest rate when 365/360 U.S. Rule mortgage amortization is used both with and without mon
After the course, students receive a customized Excel spreadsheet to conduct calculations, including monthly payment adjustment
Course Description
Learn to interpret and apply the amortization process most commercial real estate lenders are using today. In this 90-minute online course, participants will examine scenarios in which fully amortized mortgages may have an outstanding balance at the end of the amortization period.
Commercial Real Estate Certificate Program
Loan Amortization in Commercial Real Estate has been approved as part of The CCIM Institute’s Introduction to Commercial Real Estate Certificate program.
Applicants in the program who complete the course will receive 1.5 credit hours toward the 40-hour program requirement.
What is the Introduction to Commercial Real Estate Certificate Program?
The Introduction to Commercial Real Estate Certificate Program is a new program offered through The CCIM Institute designed to help you jump-start your career in the commercial real estate profession and help you develop competencies and knowledge about the field. It is a great starting point for aspiring commercial real estate professionals.
Learn more about the Introduction to Commercial Real Estate Certificate
"It's a wonderful time to be new in commercial real estate ... and certainly organizations like The CCIM Institute can help train someone in the industry" - Jay Olshonsky, President of NAI Global