mortgage - CSE 101 House Payment Calculator Cost of Home...

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CSE 101 House Payment Calculator Cost of Home $120,000.00 Down Payment $30,000.00 Loan Amount: $90,000.00 Annual Interest Rate 7.500% Monthly Interest Rate: 0.625% Number of Years 30 Number of Payment Periods 360 Monthly Payment on Loan $629.29 Annual Property Taxes $1,000.00 Annual Insurance Payment $600.00 Total Annual Escrow Costs $1,600.00 Monthly Escrow Costs $133.33 Total Monthly Costs $762.63
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Test 1 Page 2 1000 600
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Test 2 Page 3 1500 850
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0 72 9 18 27 36 45 54 63 81 90 99 108 117 126 135 144 153 162 171 180 189 198 207 216 225 234 243 252 261 270 279 288 297 306 315 324 333 342 351 360 $(100.00) $- $100.00 $200.00 $300.00 $400.00 $500.00 $600.00 $700.00 $800.00 Monthly Interest and Prinicipal Payments Monthly Interest Payment Monthly Principal Payment Payment Number Dollar Amount
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Monthly Payment Number Payment Date Monthly Opening Balance Monthly Interest Payment 0 1 4/1/2007 $90,000.00 $562.50 2 5/1/2007 $89,933.21 $562.08 3 6/1/2007 $89,866.00 $561.66 4 7/1/2007 $89,798.37 $561.24 5 8/1/2007 $89,730.31 $560.81 6 9/1/2007 $89,661.83 $560.39 7 10/1/2007 $89,592.93 $559.96 8 11/1/2007 $89,523.59 $559.52 9 12/1/2007 $89,453.82 $559.09 10 1/1/2008 $89,383.61 $558.65 11 2/1/2008 $89,312.97 $558.21 12 3/1/2008 $89,241.88 $557.76 13 4/1/2008 $88,170.35 $551.06 14 5/1/2008 $88,092.12 $550.58 15 6/1/2008 $88,013.40 $550.08 16 7/1/2008 $87,934.19 $549.59 17 8/1/2008 $87,854.49 $549.09 18 9/1/2008 $87,774.29 $548.59 19 10/1/2008 $87,693.58 $548.08 20 11/1/2008 $87,612.38 $547.58 21 12/1/2008 $87,530.66 $547.07 22 1/1/2009 $87,448.43 $546.55 23 2/1/2009 $87,365.69 $546.04 24 3/1/2009 $87,282.44 $545.52 25 4/1/2009 $87,198.66 $544.99 26 5/1/2009 $87,114.36 $544.46 27 6/1/2009 $87,029.53 $543.93 28 7/1/2009 $86,944.17 $543.40 29 8/1/2009 $86,858.28 $542.86 30 9/1/2009 $86,771.85 $542.32 31 10/1/2009 $86,684.88 $541.78 32 11/1/2009 $86,597.37 $541.23 33 12/1/2009 $86,509.31 $540.68 34 1/1/2010 $86,420.70 $540.13 35 2/1/2010 $86,331.53 $539.57 36 3/1/2010 $86,241.81 $539.01 37 4/1/2010 $86,151.53 $538.45 38 5/1/2010 $86,060.68 $537.88 39 6/1/2010 $85,969.27 $537.31 40 7/1/2010 $85,877.29 $536.73 41 8/1/2010 $85,784.73 $536.15 42 9/1/2010 $85,691.59 $535.57 43 10/1/2010 $85,597.87 $534.99 44 11/1/2010 $85,503.56 $534.40 45 12/1/2010 $85,408.66 $533.80 46 1/1/2011 $85,313.18 $533.21 47 2/1/2011 $85,217.09 $532.61 48 3/1/2011 $85,120.40 $532.00 49 4/1/2011 $85,023.11 $531.39
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50 5/1/2011 $84,925.21 $530.78 51 6/1/2011 $84,826.70 $530.17 52 7/1/2011 $84,727.58 $529.55 53 8/1/2011 $84,627.83 $528.92 54 9/1/2011 $84,527.46 $528.30 55 10/1/2011 $84,426.47 $527.67 56 11/1/2011 $84,324.84 $527.03 57 12/1/2011 $84,222.58 $526.39 58 1/1/2012 $84,119.67 $525.75 59 2/1/2012 $84,016.13 $525.10 60 3/1/2012 $83,911.94 $524.45 61 4/1/2012 $83,807.09 $523.79 62 5/1/2012 $83,701.59 $523.13 63 6/1/2012 $83,595.44 $522.47 64 7/1/2012 $83,488.62 $521.80 65 8/1/2012 $83,381.13 $521.13 66 9/1/2012 $83,272.97 $520.46 67 10/1/2012 $83,164.13 $519.78 68 11/1/2012 $83,054.61 $519.09 69 12/1/2012
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This note was uploaded on 09/30/2009 for the course CSE 101 taught by Professor Allusethis during the Spring '08 term at Michigan State University.

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mortgage - CSE 101 House Payment Calculator Cost of Home...

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