房屋贷款算法,计算器BA II PLUS

我要...

Assume: House value 300,000
9 w: v1 T" `* h  Z$ F( j+ s        10% down payment
' ^( Z1 T$ O1 |& f        25 years mortgage (25 * 12 = 300 months)
) q4 R, R6 t) s4 L, T1 ?: \        rate 5.24
1 P7 ?2 z5 M  M* z3 z) `& Y. g
1.effective rate 0.43197466
5 S# ]& E9 @6 @5 g  in Canada it is common to have mortgages that have interest compounded semi-annually(5.24/2), with payments made monthly.
4 U& X0 T- {6 N  b$ `5 j/ n   1 pv, 0 pmt, 1.0262 FV, 6 N ----- CPT I/Y = 0.43197466
8 `" }& U- `' z) [) [, g0 F2.Adjusted mortgage balance
5 u. F: n  L6 J/ H( D6 e$ p  300,000 * 10% = 30,000 downpayment
. c7 M$ X! G" u& T5 M' R  300,000-30,000 = 270,000 mortgage requried
' r9 |3 q2 B* f  r6 l' W! A: x1 ]. T  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
3. 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