房屋贷款算法,计算器BA II PLUS

我要...

Assume: House value 300,000
% ^. O  x0 P# ]( k        10% down payment
        25 years mortgage (25 * 12 = 300 months)
' {3 O$ o& X$ a4 M; T        rate 5.24

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 [3 V' [: v   1 pv, 0 pmt, 1.0262 FV, 6 N ----- CPT I/Y = 0.43197466
2.Adjusted mortgage balance
  300,000 * 10% = 30,000 downpayment
2 y( v  L8 |- b  Z& D/ n5 A  300,000-30,000 = 270,000 mortgage requried
  270,000/300,000 = 90% ---- 2% premium % of loan amount (CMHC)
4 b( t2 c, v6 U3 }  H$ ]  270,000 * 2% = 5,400
/ J+ G9 `2 ~  E3 i  adjusted mortgage balance: 270,000 + 5,400 = 275,400
# a1 E! ?  `6 {7 K3. 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