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How would I calculate my mortgage payment using only a calculator? Is there a formula?

November 26, 2008 · Print This Article

mortgage calculator
Nelson asked:


for example, 30 year fixed monthly payment?
How would I calculate it?
I need a formula.
using a cheap $5 dollar calculator with no financial functions.

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Written by william · Filed Under Afford 
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Comments

3 Responses to “How would I calculate my mortgage payment using only a calculator? Is there a formula?”

  1. Days on November 28th, 2008 8:44 am

    You can’t. It’s just impossible. It’s in computer machine language. Computer made it up.

  2. Melody on November 28th, 2008 4:08 pm

    Not quite sure if this is exactly what you are looking for, but maybe this will help you out:

  3. ron d on November 30th, 2008 8:06 am

    click on calculator

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