So they just kind of held fast and didn't sell their CDOs.

My house is a mortgage free house.

So on day zero, you have a 200,000 loan.

And for the sake of simplicity, I'm going to assume that the loans in this presentation are interest only loans.

Of these 1,000 borrowers, 200 of them are just going to lose their job or whatever.

I've essentially become the lender to the home owner, and so the home owner's morgage payment will now come to me the Investment Bank .

I was a little behind in my loan payments.

liabilities.

You don't pay any mortgage payments.

I'll do kind of a more complicated one.

Then you make your second payment.

Hanako made the final payment on her car, and felt very satisfied.

1 of 1 million is another 10,000 a year in property taxes.

So just like that, we were able to figure out our actual mortgage payment.

We have Loan C.

And then we're going to set p is equal to your monthly payment, your monthly mortgage payment.

There's 1,000 of me, and we are now going to pay the 10 .

Some of which is interest, some of which is principle, but it's the same amount you're going to pay every month to pay down that loan plus interest.

This is how you can actually solve for your actual mortgage payment.

Prepare to leave.

Time is against us.

Make ready to depart.

Rick Mm hmm.

Hey, Lone Ranger.

Did you get the loan?

So now, all these people say, what am I doing?

And this is my reality check.

I am ready, Gamling.

Well, I could keep making loans until I have 3,000 gold pieces of demand deposits.

And on the cash flow statement you express that saying

I can pay off my bank loan!

This right here is the debt, or essentially the principal payment on your mortgage, or how much do you owe to the bank.

These CDOs were already an issue.

The couple wasn't able to produce the down payment for the loan.

BA It's interesting.

This is the principal amortization.

Let's say I make another loan for 300.

The mortgage...

So I have some kind of weird student loan, where 5,000 comes due all of a sudden.

Are you ready to go?

Now out of that pie, the government spends 36 percent.

The math is a little bit more difficult with that, so what we're going to do in this case is assume that I only pay the interest portion, and at the end of the loan I pay the whole loan amount.

He calculated the expenses.

That's why we lose jobs.

The expected foreign aid 1.9 trillion.