What is the formula for determining home financing re re re payment?
par | Nov 30, 2020 | cash land loans
What is the formula for determining home financing re re re payment? The mortgage repayment calculation seems like this: M = P [ i(1 + i)^n ] / [ (1 + i)^n – 1] The factors are the following: M = month-to-month homeloan payment P = the principal amount i = your...
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