房屋贷款算法,计算器BA II PLUS

我要...

Assume: House value 300,000
* ?9 u$ I9 |, `) [        10% down payment
        25 years mortgage (25 * 12 = 300 months)
/ B) c* Z6 e8 ~9 x% k        rate 5.24

% @0 K3 G- g5 ]/ S: s' ^, `1.effective rate 0.43197466
9 L: P. i' A2 z' F. P6 X9 I( m& i  in Canada it is common to have mortgages that have interest compounded semi-annually(5.24/2), with payments made monthly.
! e- o9 M5 e# _1 }   1 pv, 0 pmt, 1.0262 FV, 6 N ----- CPT I/Y = 0.43197466
( l0 F9 D' H- {+ n. N2.Adjusted mortgage balance
  K  K0 R" M1 ]. V; t  300,000 * 10% = 30,000 downpayment
7 q$ M4 h! @4 A) J+ c  300,000-30,000 = 270,000 mortgage requried
  270,000/300,000 = 90% ---- 2% premium % of loan amount (CMHC)
  270,000 * 2% = 5,400
  adjusted mortgage balance: 270,000 + 5,400 = 275,400
+ {* V7 `7 A# ?; `; f& w* o( T3 o& D3. PV 275,400, N 300, 0.43197466 I/Y, 0 FV, CPT PMT = $1637.20 monthly payment
4. TOTAL INTEREST PAID IN 25 YEAR ABOUT $216,157.48