Quote Originally Posted by Regium View Post
The deal was structured as 1.32, 32 weeks, 1% per week - payoff any week.

Weekly payment was 4125 on the 100K.
I don't fully understand then,

What is the closing fee? Was I correct about it being a balloon payment to the merchant at the end? or is it pretty much a psf you stack on with the origination fees?

What was the total origination fee?