debt_schedule_with_intro_rate: "debt_schedule_with_intro_rate": Calculates the mortgage debt...

In deepankardatta/MortgageCalculator: Functions to help in mortgage analysis

Description

Calculates the mortgage debt schedule, when an introductory rate is available

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

Usage

debt_schedule_with_intro_rate(annual_interest_rate, term, principal,
  introductory_interest_rate, introductory_term, starting_date = NULL)

Arguments

annual_interest_rate	The annual interest rate of the mortgage
term	The mortgage term in months
principal	The principal of the mortgage
introductory_interest_rate	The introductory interest rate
introductory_term	The introductory term in months
starting_date	(OPTIONAL) If a starting date is supplied the schedule will autofill with years and dates

Value

debt_schedule A data frame containing the mortgage schedule

Author(s)

Deepankar Datta <[e-mail]>

References

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

Examples

# debt_schedule_with_intro_rate( annual_interest_rate , term , principal , introductory_interest_rate , introductory_term , starting_date=NULL )

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