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how to calculate percent of total appraised value. Buying and owning a home is one of the largest financial commitments you can make. Example say you purchased assets for 450000.
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Hey hsassone01 to answer your question in order to obtain the apportioned cost you must find the percentage of each appraised value which you did. Third Mortgage 20000. This results in the percentage of your total cost that your home makes up.
Divide that by the 250000 sales price.
Appraised value equals the sales price good Lets assume the appraised value comes in exactly at 400000 and matches the purchase price which is extremely common. Enter 1100 in first box and enter 100 in the second box. 20 of your units value loan value or appraisal value or 140000 700000 x 02 100 per square foot for regular and standard finishes or 115000 100 x 1150. First Mortgage 205000.
