[jeffkrol]

http://www.nytimes.com/2012/08/10/us/politics/in-real-estate-deal-romney-mad...pagewanted=all

I'd like to know how a 50,500 mortgage costs $600 a month on a 30 yr "note"

down and dirty calculation would put the interest rate at 14%

(The Stampses recently refinanced the original 30-year loan; the new mortgage, still with Mr. Romney, was dated June 12 but signed just two weeks ago. Details of the interest rate were not included in the public record.)

Amid the campaign furor over Mr. Romney’s wealth and taxes, the relatively tiny real estate investment — the mortgage generates less than $2,500 in annual interest income, according to his disclosures — has gone largely, though not entirely, overlooked.

I will assume this is after all write-offs...........