How would I calculate my mortgage payment using only a calculator? Is there a formula?
May 26, 2010 by
Filed under mortgage calculator
for example, 30 year fixed monthly payment?
How would I calculate it?
I need a formula.
using a cheap $5 dollar calculator with no financial functions.
You can’t. It’s just impossible. It’s in computer machine language. Computer made it up.
Not quite sure if this is exactly what you are looking for, but maybe this will help you out:
http://www.daveramsey.com/etc/realestatecenter/index.cfm?FuseAction=dspMortgageCalculator&strMode=dspMortgageCalculator
http://1stmdloans.com
click on calculator