Hey all,
Just received my 6 monthly sinking fund bill in the mail and I'm not sure if I can justify the total. There's two sections to the payment, one is the admin fund and the sinking fund. The admin fund is nearly double the sinking fund!
So my question is, how much exactly should it be and what variables dictate the cost? Is it dependent on how much you bought the property for? How much the property is valued at now?
Many thanks
Just received my 6 monthly sinking fund bill in the mail and I'm not sure if I can justify the total. There's two sections to the payment, one is the admin fund and the sinking fund. The admin fund is nearly double the sinking fund!
So my question is, how much exactly should it be and what variables dictate the cost? Is it dependent on how much you bought the property for? How much the property is valued at now?
Many thanks
Unit sinking funds calculation?
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