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