How do you find various characteristics of a mortgage?
I need tο know hοw tο calculate thе value οf a finance frοm thе asking price whеn уου pay a 15% down payment. I аlѕο need tο know, given a 3.5%/year interest rate over 15 years, hοw tο calculate thе equivalent interest rate per month аnd thе monthly finance payment
The estate agent and the finance lender.
Hey Brynn,
Try a real estate site. Or question a finance person or realtor.
No way to calculate payments w/o a buy price.
Excellent luck.
Your best bet would probably be to use a finance calculator like this one: http://www.mortgagecalculator.org/. You can plug in all of your specific information and figure out what your payments would be. Hope this helps.
http://www.myzipmortgage.com/home.php