Wednesday, July 23, 2014

Waht is the formula to calcualte a mortgage payment?

I'm trying to write a java program to calcualte a mortgage payment
I have found several formulas- to do it.
So far none get the job done.
One I have found has created a payment that was less than the monthly interest rate and quite a few have resulted in one that gave me the same results as the monthly interest rate.
Added (1). I don't use excel and I reported you for being spam
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