How do you calculate a monthly mortgage payment by hand? - interest only mortgage payment calculator
I know there are calculators online do-payment, but try an excellent spreadsheet calculator and I need the equations used to know in order to obtain results. For example, the calculation of the monthly payment on a loan of $ 220,000 over 30 years with interest of 5.5%.
Thursday, December 31, 2009
Interest Only Mortgage Payment Calculator How Do You Calculate A Monthly Mortgage Payment By Hand?
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This link shows the formula to repay a loan in hand http://www.frickcpa.com/tvom/TVOM_Amort ". ...
Microsoft has "Model" can be downloaded for free, so you need not re-invent the wheel. There are 33 available online from Microsoft at this link http://office.microsoft.com/en-us/templa ...
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