@cubedelement.com/realty-investor-timeline
@cubedelement.com/realty-investor-timeline / calculations/get-monthly-mortgage / getMonthlyMortgage
getMonthlyMortgage(
purchasePrice,cashDownPercent,closingCostPercent,loanRatePercent,loanTermInYears):number
Defined in: calculations/get-monthly-mortgage.ts:12
formula for M = P [ i(1 + i)^n ] / [ (1 + i)^n – 1].
number
number
number
number
annual percentage rate of your loan, like 3.25%
number = 30
15 or 30 typically
number