💊
💼
📰
🧮
📝
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Mortgage Payment
BMI
Bayes
1 stage DDM
CAGR
Pre-Post
70000
280000
360
0.0030833333
1288.7923571887
463965.2485879414
183965.2485879414
39.6506525322
60.3493474678
1288.7923571887
39.6506525322
60.3493474678
# Mortgages #░░░░░░░ 𝙄𝙉𝙋𝙐𝙏𝙎 ░░░░░░░ Price = 350000 Down = 0.20 Interest_Rate = 0.037 Term_Years = 30 #░░░░░░ 𝙈𝘼𝙏𝙃𝙎 ░░░░░░ Down_Payment = Price * Down Finance_Amount = Price - Down_Payment n = Term_Years * 12 r = Interest_Rate / 12 Monthly_Payment = r/(1 - (1 + r)^(-n)) * Finance_Amount total_paid = Monthly_Payment * n interest_paid = total_paid - Finance_Amount interest_percentage = interest_paid / total_paid * 100 principal_percentage = 100 - interest_percentage #░░░░░░ 𝙊𝙐𝙏𝙋𝙐𝙏𝙎 ░░░░░░ Monthly_Payment interest_percentage principal_percentage