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  • Oscar Venzor Mortgage Algll

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    api-318880948
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    The monthly payment increased from $76.07 to $8 Chaning the percent to 13% it increased both Monthly Payments and Amount paid haha. I changed the down payment from $2,000.00 to $6,000.00 and the total amount went from $14,605 to $14,615. If I changed my down payment to $2,000.00, the monthly payment decreased from $76.17 to $81.14.

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    oscar venzor mortgage algll xls

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    The monthly payment increased from $76.07 to $8 Chaning the percent to 13% it increased both Monthly Payments and Amount paid haha. I changed the down payment from $2,000.00 to $6,000.00 and the total amount went from $14,605 to $14,615. If I changed my down payment to $2,000.00, the monthly payment decreased from $76.17 to $81.14.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    10 views4 pages

    Oscar Venzor Mortgage Algll

    Uploaded by

    api-318880948
    The monthly payment increased from $76.07 to $8 Chaning the percent to 13% it increased both Monthly Payments and Amount paid haha. I changed the down payment from $2,000.00 to $6,000.00 and the total amount went from $14,605 to $14,615. If I changed my down payment to $2,000.00, the monthly payment decreased from $76.17 to $81.14.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 4

    MORTGAGE CALCULATION TABLE

    House Price
    Down Payment
    Amount Borrowed

    10,000
    $6,000.00
    $4,000.00

    Monthly Payments
    Total Amount Paid

    $45.67
    $12,604.10

    Breakdown of Payment
    Payment Number
    Principal Paid
    Interest Paid

    115
    $7.97
    $37.70

    Interest Rate
    Years
    Payment Periods

    Terms of
    Loan
    13.00%
    23
    276
    (months)

    By changing the house prince to 10,000. the monthly payment increased from $76.07 to $8
    Chaning the percent to 13% it increased both Monthly Payments and Amount paid haha
    Montly payments and total amount decreased, I changed it from 15 to 23. it decreased bec

    reased from $76.07 to $81.14. I changed the down payment from $2,000.00 to $6,000.00 and the total amount
    nd Amount paid haha
    5 to 23. it decreased because I have more time to pay it off.

    00 and the total amount went from $14,605.44 to $7,302.72

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