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The download of this app is disabled as it may not be supported on modern devices. The app may be available from the official source.
| Category | Finance | File Type | APK |
| Requirements | All Platforms | File Size | N/A |
| License | Free | Platform | Android |
| Offered By | N/A |
Mortgage Payments Calculator is an app that can be used to approximately estimate the mortgage amounts when a person wishes to apply for a loan.
The calculations included in the software program are simplified.
Morgage Payment, A = [P * (r/100) * (1 + (r/100))^n] / [(1 + (r/100))^n - 1]
Term Balance, TB = P * [(1 + (r/100))^n – (1 + (r/100))^n1] / [(1 + (r/100))^n - 1]
(Where P = Principal, r = nominal annual interest rate %, n = total number of compounding periods, n1 = number of compounding periods for the term).
The user needs to select / fill in relevant input data under 'MainPage' sheet and then hit 'Submit' button, so the program calculates the values.
Hit 'Submit' Button everytime a change is made to the inputs so the program updates the sizing
The download of this app is disabled as it may not be supported on modern devices. The app may be available from the official source.
| Category | Finance | File Type | APK |
| Requirements | All Platforms | File Size | N/A |
| License | Free | Platform | Android |
| Offered By | N/A |
Mortgage Payments Calculator is an app that can be used to approximately estimate the mortgage amounts when a person wishes to apply for a loan.
The calculations included in the software program are simplified.
Morgage Payment, A = [P * (r/100) * (1 + (r/100))^n] / [(1 + (r/100))^n - 1]
Term Balance, TB = P * [(1 + (r/100))^n – (1 + (r/100))^n1] / [(1 + (r/100))^n - 1]
(Where P = Principal, r = nominal annual interest rate %, n = total number of compounding periods, n1 = number of compounding periods for the term).
The user needs to select / fill in relevant input data under 'MainPage' sheet and then hit 'Submit' button, so the program calculates the values.
Hit 'Submit' Button everytime a change is made to the inputs so the program updates the sizing
