downpayment_amt: Down-payment Amount

Description Usage Arguments Value Examples

View source: R/downpayment_amt.R

Description

Total downpayment based on sale price and mortgage amount (out of 1)

Usage

1
downpayment_amt(home_price, downpayment_rate = 0.1)

Arguments

home_price

Sale Price of property in question

downpayment_rate

Downpayment as a proportion (out of 1) of sale price (default: 0.10)

Value

The down-payment based on what proportion (mortgage_amount) of the home_price will be paid

Examples

1
2
downpayment_amt(home_price = 250000,
            downpayment_rate = 0.10)

aseemdeodhar/mortgager documentation built on Jan. 28, 2021, 12:53 p.m.