Help !!!!! with repayment plan There is much to read, but help will be greatly appreciated?
For all mortgages Excel, financial, etc. are made of engineering, I am in a repayment plan for my college course and we should be able to calculate a mortgage balance of 30 years leading to zero at the end of 30 years . What is the formula for that? Incidentally, make sure I do things well, I had to find the mortgage payment as well. I 1540.32. ? I’m just here are the numbers: Interest rate 4.5; 380 real estate prices, 20 percent of payment, 30 year fixed loans much more easily, I did not explain, so I’ll try again. What formula can I use the bottom, drag and drop, so I enter numbers in 359 times? Can someone break in exactly what I need to put in Excel? Thank you