房屋贷款算法,计算器BA II PLUS

我要...

Assume: House value 300,000
* ~3 }7 V" ]7 L; i! s        10% down payment
        25 years mortgage (25 * 12 = 300 months)
. e$ G$ q4 e* }        rate 5.24

& ?/ s2 k% u0 U  R1.effective rate 0.43197466
  in Canada it is common to have mortgages that have interest compounded semi-annually(5.24/2), with payments made monthly.
   1 pv, 0 pmt, 1.0262 FV, 6 N ----- CPT I/Y = 0.43197466
2.Adjusted mortgage balance
+ V2 x4 c- @3 O1 j  300,000 * 10% = 30,000 downpayment
7 _6 _4 Q' V: W) R2 N* @* W  300,000-30,000 = 270,000 mortgage requried
: ^% F5 W+ ]1 l  270,000/300,000 = 90% ---- 2% premium % of loan amount (CMHC)
  270,000 * 2% = 5,400
+ ~) |: M0 T0 z& o  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