How do i add a formula to calculate for adding mortgage insurance?
I have created a simple mortgage calculator which will work out the mortgage payments for a specific loan to value (5%, 10%, 15% down etc) and it will add mortgage insurance and calculate the income required. How do i add a formula which will work out
In the us mortgage insurance will change with the amount financed and how much above the 80% the loan is. The tricky part in putting this in a calculator though is that it will also change some with different loan programs. Basically what I am trying
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Ron Berue
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Mortgage Calculator Canada
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That sounds like a lot, but the five-year conventional mortgage rate has fallen from about 7 per cent in mid-2008 to 5.5 per cent now. A few minutes of playing around with the CMHC Mortgage Payment Calculator, suggests that with this decrease in