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How to use a mortgage calculator

Friday Jul 30, 2010

http://www.BridgeCapitalLending.com/mortgagecalculators
Use an hp 10B to calculate amortizing mortgage payments

Duration : 0:2:48


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9 Comments »

tothatextent:

I’m getting a …
I’m getting a payment of 1,798.62 when doing the 360 month, 300,000 mortgage with an interest rate of 6%.

July 30th, 2010 | 2:54 pm
tothatextent:

@Wilyam23 Push the …
@Wilyam23 Push the red button and hit the decimal sign – that will get it back to the decimal.

July 30th, 2010 | 2:54 pm
Wilyam23:

Any idea why my hp …
Any idea why my hp 10BII would be putting a comma in where a decimal should go and vice versa and how to change it back? Thanks

July 30th, 2010 | 2:54 pm
2fuck2shit2:

What is the Key …
What is the Key disfavors by Having Your Mortgage

realmortgagepaid.blogspot. com

July 30th, 2010 | 2:54 pm
DrewDownsManagement:

Very informative …
Very informative video. I took some notes on the video and how it was done. I gave it 5 stars. Check out our vids and tell me what you think? We have some good stuff also.

July 30th, 2010 | 2:54 pm
PBfreak808:

you must have …
you must have punched a wrong number because your answer in this example is wrong. try again.

July 30th, 2010 | 2:54 pm
thedarklucian:

why don’t you just …
why don’t you just use an online based mortgage calculator ?

July 30th, 2010 | 2:54 pm
pjopper1:

not bad, but you …
not bad, but you need to clarify the effective rate vs the nominal rate. Also explain the payments per year….. I set my calculator to 1 payment per year (unless Im doing work with semi-annual coupon bonds)otherwise nice explaination

July 30th, 2010 | 2:54 pm
lancee413:

i think you effed …
i think you effed up, if you’re doing 360 periods at 6% interest you’d have to use .5% per period.

July 30th, 2010 | 2:54 pm
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