房屋贷款算法,计算器BA II PLUS

我要...

Assume: House value 300,000
" ~* y0 q- u1 ]# Q        10% down payment
6 z4 ^: s" ~7 l        25 years mortgage (25 * 12 = 300 months)
        rate 5.24

$ O4 s' w: u8 n8 y) ^1 h8 F1.effective rate 0.43197466
( u" i; M; `/ H! G  in Canada it is common to have mortgages that have interest compounded semi-annually(5.24/2), with payments made monthly.
6 j3 o# v4 V+ T: U( X   1 pv, 0 pmt, 1.0262 FV, 6 N ----- CPT I/Y = 0.43197466
7 m) F8 ?4 \8 u( u* Z2.Adjusted mortgage balance
  300,000 * 10% = 30,000 downpayment
  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
& Z( H- I, M* {5 p) @; ]3 ~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