房屋贷款算法,计算器BA II PLUS

我要...

Assume: House value 300,000
6 P. D( L* F4 v, t; F  N' l        10% down payment
% T: }* o) H. c5 l0 I        25 years mortgage (25 * 12 = 300 months)
        rate 5.24
: ?" ?: I  u% _1 H: o! `, N; C% ~' _
1.effective rate 0.43197466
. w9 p/ c! {' A  H% Y: s8 H! E  d8 G  in Canada it is common to have mortgages that have interest compounded semi-annually(5.24/2), with payments made monthly.
' p. B! W5 T1 O, n6 R) g   1 pv, 0 pmt, 1.0262 FV, 6 N ----- CPT I/Y = 0.43197466
2.Adjusted mortgage balance
, e5 B( K6 P4 y; T6 A1 o  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)
6 k. {( W2 f2 `  270,000 * 2% = 5,400
# o2 \/ F/ d& q& V2 C& P& |  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
3 A, K2 A7 A( N/ `6 i# `: |4. TOTAL INTEREST PAID IN 25 YEAR ABOUT $216,157.48