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)
3 b( C( T5 y; J# k' t) d: M        rate 5.24
2 j+ V; ~$ ^9 n& K
0 `& J2 G8 p; L4 m8 z4 R1.effective rate 0.43197466
" n7 ^) x) p7 V1 d  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
- p5 D6 X9 m9 x/ F5 U2.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)
* O7 c$ t! ~* M) ~% l  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
; m2 p; u- T: Q/ V1 k4. TOTAL INTEREST PAID IN 25 YEAR ABOUT $216,157.48