房屋贷款算法,计算器BA II PLUS

我要...

Assume: House value 300,000
        10% down payment
        25 years mortgage (25 * 12 = 300 months)
+ x* q% D% B% O        rate 5.24

  h8 E2 S, T/ H8 y- X2 z1.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
( a) _* O: t# t& ~. s4 {* `2.Adjusted mortgage balance
7 g1 K8 f7 r) b5 l% X  300,000 * 10% = 30,000 downpayment
6 M, `) |" q' |. l. n  300,000-30,000 = 270,000 mortgage requried
" c# t3 Z# P* E: u  D% I  270,000/300,000 = 90% ---- 2% premium % of loan amount (CMHC)
# S; L1 e5 h' b  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
7 A4 J4 m7 Z& s, J9 l4. TOTAL INTEREST PAID IN 25 YEAR ABOUT $216,157.48