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08-05-2016, 10:35 PM

Titchou

GreekChat Member

Join Date: Jul 2003

Location: Sweet Home Alabama

Posts: 4,597

Quote:

Originally Posted by DubaiSis

I wonder what the amortization is on a $12M house. I know the fees to live in at Bama are VERY high. But can a house be paid for in 50 years?

Couldn't find a calculator online that would handle over $9,999,999. But that amount at 3.5 % interest (UA bond money rate that was in effect 4 years ago) over 50 years divided by 400 members comes to about $88 a month per woman.

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