monthly_mortgage_payments: "monthly_mortgage_payments": Calculates monthly mortgage...

Description Usage Arguments Value Author(s) References Examples

Description

Calculates monthly mortgage payments from mortgage data.

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

Usage

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monthly_mortgage_payments(annual_interest_rate, term, principal)

Arguments

annual_interest_rate

The annual interest rate of the mortgage

term

The mortgage term in months

principal

The principal of the mortgage

Value

monthly_payment A value with the estimated monthly mortgage payment

Author(s)

Deepankar Datta <deepankardatta@nhs.net>

References

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

Examples

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# monthly_mortgage_payments( annual_interest_rate , term , principal )
# payments <- monthly_mortgage_payments( annual_interest_rate , term , principal )

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