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Education > Math Recreational > Mortgage Questi...
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Mortgage Question

by mm <jsex@[EMAIL PROTECTED] > Mar 27, 2008 at 06:53 AM

What if:  $430,000 home is financed at 6.2% over 30 years.  I can find
out what the payments would be if the interest rate was 1% instead of
6.2%, ($1383 vs $2633), but what I can't find out is how many months
it would take to pay off the loan assuming I kept making the same
monthly payments ($2633).

Is there an easy way to compute this or do you need a mortgage,
finance calculator?

Thanks
 




 8 Posts in Topic:
Mortgage Question
mm <jsex@[EMAIL PROTEC  2008-03-27 06:53:53 
Re: Mortgage Question
"Greg Neill" &l  2008-03-27 10:44:25 
Re: Mortgage Question
mm <jsex@[EMAIL PROTEC  2008-03-27 08:31:43 
Re: Mortgage Question
Mike <m.fee@[EMAIL PRO  2008-03-31 11:30:14 
Re: Mortgage Question
"Greg Neill" &l  2008-03-30 23:23:03 
Re: Mortgage Question
Mike <m.fee@[EMAIL PRO  2008-03-31 16:38:05 
Re: Mortgage Question
Sylvain Croussette <sy  2008-03-27 09:38:31 
Re: Mortgage Question
Ken Pledger <ken.pledg  2008-03-28 14:54:44 

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tan12V112 Sat Oct 11 10:25:36 CDT 2008.