房屋贷款算法,计算器BA II PLUS

我要...

Assume: House value 300,000
        10% down payment
, x2 O" M: }3 P6 }+ T        25 years mortgage (25 * 12 = 300 months)
" f% d; H' f% T) p, j4 A        rate 5.24
9 w, a- v. M% a8 e* A
, l  h" Z* ~/ w+ F, N) P1.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
  300,000 * 10% = 30,000 downpayment
  300,000-30,000 = 270,000 mortgage requried
) Z5 k3 c! K: p5 B6 R  270,000/300,000 = 90% ---- 2% premium % of loan amount (CMHC)
) \0 u; @7 U3 X  270,000 * 2% = 5,400
6 p" k  l0 e  a7 j* M  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
, n: d4 J/ \3 R+ C6 X4. TOTAL INTEREST PAID IN 25 YEAR ABOUT $216,157.48