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Need Help With Making Sense Of This Mortgage Monthly Payment Formula Cause Never Seen It Before?

Question by Appleseed869 | Posted in Renting & Real Estate

PMT= P x (APR/n) / 1- (1+ APR/n)^ -nY

I be versed Y stands for the year, but how many years do I multiply by if the months are 180 (for 15 years) or 360 (for 30 years)? And how do I find the APR? Thanks in hasten!

 
 

Website Or Math Formula To Configure Mortgage Payment Based On My Savings To Be Used As Downpayment.?

Question by dov20051 | Posted in Renting & Real Estate

I hunger to save money on payday, every two weeks, and configure biweekly how much my savings, that I will reject into a downpayment, will affect my future mortgage payment. Does anyone know how I can proselytize this savings amount easily?

Answer: http://gofrf.com/calc/calculators.rad

 
 

Can Someone Explain To Me A Simple Formula To Find A Monthly Mortgage Payment?

Question by Jay863 | Posted in Renting & Real Estate

For pattern what's the monthly mortgage payment for $126,900 home at 5.5% interest rate, on a FHA 30 yr inflexible.
A written out formula would be really helpful thanks!!!

Answer: Your mortgage payment will be at variance slightly than the simple interest formulas that are out there. Your mortgage payment will most likely include owner, interest, taxes, MIP (mortgage insurance premium).

If you gather the amount

 
 

How Would I Calculate My Mortgage Payment Using Only A Calculator? Is There A Formula?

Question by Nelson | Posted in Renting & Real Estate

for admonition, 30 year fixed monthly payment?
How would I calculate it?
I impecuniousness a formula.
using a cheap $5 dollar calculator with no economic functions.

Answer: Not absolutely sure if this is exactly what you are looking for, but maybe this will help you out:

http://www.daveramsey.com/etc/realestate center/thesaurus.cfm?FuseAction=dspMortgageC alculator&strMode=dspMortgageCalcula tor

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What Is The Formula To Calculate My Monthly Mortgage Payment?

Question by Vega | Posted in Renting & Real Estate

I would like to show a provisions with all my months and the amount due.

Loan = 138000
Interest 5.5
Months 360

Thanks very much!

Answer: It's $783.55 a month. Here's a mortgage computer to play with: http://www.mortgage-net.com/calculators/ mp_cl.html

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Mortgage payment calculations formula

Mortgage payment calculations formula

Excel Mortgage Payment Formula | financebis

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Source: Excel Mortgage Payment Formula | financebis

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