房屋贷款算法,计算器BA II PLUS

我要...

Assume: House value 300,000
. Z' ]& \+ q1 V) j        10% down payment
# v6 b! M( u2 v/ ^; `1 w        25 years mortgage (25 * 12 = 300 months)
" }) j0 g. U/ |# N0 N" [* t        rate 5.24

$ W# l, w0 L0 ~1.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
% A0 t4 a2 I/ G2 S' ?" r; F& z2 V2.Adjusted mortgage balance
  300,000 * 10% = 30,000 downpayment
- `% ~7 [  [/ H  V  300,000-30,000 = 270,000 mortgage requried
  270,000/300,000 = 90% ---- 2% premium % of loan amount (CMHC)
( H* f$ i$ G( r, L3 A. i5 ?  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
) Q; O# u% B; U3 ?4. TOTAL INTEREST PAID IN 25 YEAR ABOUT $216,157.48