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I used the 15th of the months as the date of payment receipt. Given that, if payoff was received by 2/15/11, he would owe you $23,619.75 ($23,767.37 principal and $147.62 interest). I have attached the amortization schedule here.
Hope this helps.
' he would owe you $23,619.75 ($23,767.37 principal and $147.62 interest). '
Do you mean $23,619.75 PLUS the interest of $147.62 for a total of $23, 767.37 ?
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