amount_owed_after_n_months: "amount_owed_after_n_months": Calculates the outstanding...

Description Usage Arguments Value Author(s) References Examples

Description

Calculates the outstanding mortgage principle after a set amount of months.

This function calculates mortgage estimates. You should seek professional advice before making financial decisions.

Usage

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amount_owed_after_n_months(annual_interest_rate, term, principal,
  month_of_interest)

Arguments

annual_interest_rate

The annual interest rate of the mortgage

term

The mortgage term in months

principal

The principal of the mortgage

month_of_interest

The value of the month that you wish to know the outstanding principle

Value

outstanding_owed The outstanding principle at the end of the supplied month of interest

Author(s)

Deepankar Datta <deepankardatta@nhs.net>

References

Formulas sourced from https://en.wikipedia.org/wiki/Mortgage_calculator

Examples

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# amount_owed_after_n_months( annual_interest_rate , term , principal ,month_of_interest )

deepankardatta/MortgageCalculator documentation built on May 14, 2019, 6:14 p.m.