How To Calculate The Monthly Interest and Principal on a Mortgage Loan Payment
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How To Calculate The Monthly Interest and Principal on a Mortgage Loan Payment
This finance video tutorial explains how to calculate how much of a monthly mortgage loan payment goes to the bank through and how much goes into paying off the principal balance of the loan. This video also explains how to create an amortization schedule using the monthly interest rate formula mentioned in this lesson. Liquidity Ratios: https ...
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