6.4 Mortgages

% of payment that is interest for 5% and 10% with 10, 20, 30 years
% of payment that is applied to principal for 5% and 10% with 10, 20, 30 years

Periodic payment (Pmt) of a mortgage

B: r: t: n:



Payments' total (P*n*t):      interest paid (P*n*t - B):

If no interest, payment would be (B/(nt)):      Average interest payment (Payment-InterestFreePayment):