The Mortgage Math Workbook: Compound Interest Calculations, The Mortgage Tax Deduction And Affordability Considerations [Kindle Edition]

Morris Rosenthal (Author)

Editorial Reviews

Product Description

Learn how the math behind mortgage payments works and why the mortgage tax deduction only works for high earners with big mortgages. This workbook includes step-by-step solutions for typical mortgage math problems, including solving for the APR (Annual Percentage Rate.)

Table of Contents:

How Compound Interest Adds Up

The Mortgage Formula

Calculating Fixed Rate Mortgage Payments

Tables For Fixed Rate Mortgages

APR (Annual Percentage Rate)

Solving For APR By Iteration

The Mortgage Interest Deduction

Affordability Rules Of Thumb

Comparing heating Fuel Costs

Product Details

• Format: Kindle Edition
• File Size: 119 KB
• Print Length: 34 pages
• Publisher: Foner Books (June 15, 2009)
• Sold by: Amazon Digital Services
• Language: English
• ASIN: B002DGTPBO
• Text-to-Speech: Enabled
• Lending: Enabled
• Amazon Best Sellers Rank: #465,752 Paid in Kindle Store (See Top 100 Paid in Kindle Store)