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Mortgage Repayment Calculator

Mortgage Repayment Calculator

Shows the cost per month and the total cost over the life of the mortgage, including fees & interest.

<iframe src="https://app.calconic.com/api/embed/calculator/5bdb1efc063706001b99c341" sandbox="allow-same-origin allow-forms allow-scripts allow-top-navigation allow-popups-to-escape-sandbox allow-popups" title="Calconic_ Calculator" name="Calconic_ Calculator" height="869px" scrolling="no" style="width: 100%; border: 0; outline: none;"></iframe> <script> (function() { window.addEventListener("message",function(t){ var e="https://www.paypalobjects.com/api/checkout.4.0.141.js"; if(!document.querySelector('script[src="'+e+'"]')&&t.data&&"LOAD_PAYPAL"===t.data.action){ var a=document.createElement("script");a.src=e,a.async=!0,a.dataset={paypalCheckout:!0,noBridge:!0,state:"ppxo_meta",env:"production"},document.body.append(a) } }); })(); </script>
<iframe src="https://app.calconic.com/api/embed/calculator/5bdb1efc063706001b99c341" sandbox="allow-same-origin allow-forms allow-scripts allow-top-navigation allow-popups-to-escape-sandbox allow-popups" title="Calconic_ Calculator" name="Calconic_ Calculator" height="869px" scrolling="no" style="width: 100%; border: 0; outline: none;"></iframe> <script> (function() { window.addEventListener("message",function(t){ var e="https://www.paypalobjects.com/api/checkout.4.0.141.js"; if(!document.querySelector('script[src="'+e+'"]')&&t.data&&"LOAD_PAYPAL"===t.data.action){ var a=document.createElement("script");a.src=e,a.async=!0,a.dataset={paypalCheckout:!0,noBridge:!0,state:"ppxo_meta",env:"production"},document.body.append(a) } }); })(); </script>
File Name:
File Size:
kbs
File Type:
CALC
Source:
Publish Date:
1/9/2017
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Interest Only Formula

P=A*i

where

i= I/12

Repayment Formula

P=A/D

where

D=(((1+i)^n)-1)/((i(1+i)^n)
n=(L*12)
i= I/n

--------------------

(P) - Total Payment Amount

(L) - Mortgage Length

(A) - Total Loan Amount

(D) - Discount Factor

(I) - Annual Interest Rate

(i) - Periodic Interest Rate

(n) - Number of Periodic Payments

Interest Only Formula

P=A*i

where

i= I/12

Repayment Formula

P=A/D

where

D=(((1+i)^n)-1)/((i(1+i)^n)
n=(L*12)
i= I/n

--------------------

(P) - Total Payment Amount

(L) - Mortgage Length

(A) - Total Loan Amount

(D) - Discount Factor

(I) - Annual Interest Rate

(i) - Periodic Interest Rate

(n) - Number of Periodic Payments

Published:
September 1, 2017
Finsbury Robinson Services

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