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)
* a8 X( e# B+ y: j, ~4 }        rate 5.24
$ J) N+ N7 W% i) T. b
* F  Y* ?* x; z3 H  s, g! \) j1.effective rate 0.43197466
( z4 b, R2 T& E. h2 _) E* F  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
2.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)
! O4 l4 x& _' y; D3 Y" p  270,000 * 2% = 5,400
  adjusted mortgage balance: 270,000 + 5,400 = 275,400
7 d! h/ A# R1 y* @- Q# R: N5 G3. PV 275,400, N 300, 0.43197466 I/Y, 0 FV, CPT PMT = $1637.20 monthly payment
4. TOTAL INTEREST PAID IN 25 YEAR ABOUT $216,157.48