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| Name | bankrate mortgage calculator |
| Video Uploader | Video From Entrepreneurship pdf |
| Upload Date | This Video Uploaded At 01-01-2015 17:50:25 |
| Video Discription | Click here to join my bestselling udemy course for FREE https://www.udemy.com/entrepreneurs-entrepreneurship-tips-tricks-and-more/?couponCode=YOUTUBE%28FREE%29 bankrate mortgage calculator Watch my video bankrate mortgage calculator and learn how to calculate Monthly payment, Total interest, Total payments e.t.c. I show you how to use bankrate calculator http://www.bankrate.com/calculators/mortgages/mortgage-loan.aspx Definitions Mortgage amount Original or expected balance for your mortgage. Term in years The number of years over which you will repay this loan. The most common mortgage terms are 15 years and 30 years. Interest rate Annual fixed interest rate for this mortgage. Monthly payment Monthly principal and interest payment (PI). Total payments Total of all monthly payments over the full term of the mortgage. This total payment amount assumes that there are no prepayments of principal. Total interest Total of all interest paid over the full term of the mortgage. This total interest amount assumes that there are no prepayments of principal. Prepayment type The frequency of prepayment. The options are none, monthly, yearly and one-time payment. Prepayment amount Amount that will be prepaid on your mortgage. This amount will be applied to the mortgage principal balance, based on the prepayment type. Start with payment This is the payment number that your prepayments will begin with. For a one-time payment, this is the payment number that the single prepayment will be included in. All prepayments of principal are assumed to be received by your lender in time to be included in the following month's interest calculation. If you choose to prepay with a one-time payment for payment number zero, the prepayment is assumed to happen before the first payment of the loan. Savings Total amount of interest you will save by prepaying your mortgage. Report amortization Choose how the report will display your payment schedule. Annually will summarize payments and balances by year. Monthly will show every payment for the entire term. Mortgage loan calculator Calculate your payment and more Use this mortgage loan calculator to generate an amortization schedule for your current mortgage. Quickly see how much interest will be paid and how much principal balance will be paid. Determine the effect of any principal prepayments. Press the "View Report" button for a full yearly or monthly amortization schedule. bankrate mortgage calculator Contact: Christos Pittis website: www.christospittis.com https://www.udemy.com/u/christospittis/ twitter: https://twitter.com/CPITTIS facebook page: https://www.facebook.com/christoscpittis email: info@christospittis.com https://www.udemy.com/u/christospittis/ YouTube: https://www.youtube.com/channel/UClqulZeiMIfgPv_LirylA0g/videos Mdse62RVLSg |
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| Tags | christos pittis | bankrate mortgage calculator |
