Mortgage Calculator

Work out Month to month Payments For Property finance loan or Annuity Portion A





Be aware the correction in the Formulation of PV. Please correct the formula: PV = R[1 – (1 + i)^(-n)]/i
In your calculations use (1 + i) and not (1 – i).
Accurate Remedy is then 1367.23 for regular payments as created by my Subscriber. Thanks
Exceptional case in point to fully grasp the thought.
Watch Portion B of this video clip also for renewal of home loan.

13 comments

  1. No one ever explainef how to solve power part manually.Explain to the power part calculation manually.

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  2. How can I calculate a monthly payment using 365/365 and not 365/360?

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  3. my answer is math error

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  4. the correct answer you specified in your description under the video is incorrect. Answer I got was 1467.23

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  5. Something is wrong My answer is 1367.23 for monthly payments

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  6. Thanks for the information. You can also find an amortization schedule calculator at http://www.amortizationcalculatorhq.com/

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  7. The video much appreciated! Everything worked out like a charm, though I used a different formula, a bit different. ^^

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  8. thanks a lot! this helped

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  9. Please correct the formula: PV = R[1 – (1 + i)^(-n)]/i
    In your calculations use (1 + i) and not (1 – i).

    Reply
  10. The PV formula is actually
    PV = R * [1 – (1+i)^(-n)] / i .
    The maker of the video added the note with annotations, but I couldn't see annotations when watching on my phone.

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  11. WOW! Really good problem to understand mortgage concepts.

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  12. List of related videos: 

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  13. When i put this into my calculator i get -196.. why?

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