Mortgage Calculator A Simple Tutorial template included
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Video Source: www.youtube.com/watch?v=Z4vz8aa_vxs
Download the Mortgage Calculator template here: https://www.jeffsu.org/mortgage-calcu... • 💸 Who knew a 1.5% change in interest rates can result in an additional US$ 100,000 of interest payments? • In this video I go through a step-by-step tutorial on how to calculate your monthly mortgage payments given 3 things: the initial amount you borrowed, the interest rate you agreed to, and the loan repayment period • By playing around with the numbers, you will be able to clearly see how each factor affects the total interest you pay back the bank (or to whoever loaned you the principal) • TIMESTAMPS • 00:00 How to Calculate Monthly Payments • 00:33 Intro to Mortgage Calculator Template • 00:58 Monthly Payment for Fixed-Rate Loan • 02:33 Calculate Monthly Interest Payments • 04:55 Double Check Your Calculations • 05:49 How Interest Rate affects Total Interest • 06:17 How Extra Payments affect Total Interest • 07:05 Pro Tips for this Mortgage Calculator • RESOURCES I MENTION IN THE VIDEO • Ali Abdaal’s video on buying a house - • Why Buying Is Not Always Better Than ... • MY FAVORITE GEAR • 🎥 My YouTube Gear - https://www.jeffsu.org/yt-gear/ • 💻 What's On My Desk - https://www.jeffsu.org/gear/ • 🎆 My Wallpapers - https://jeffsu.gumroad.com/l/gradient... • MY FAVORITE SOFTWARE • ✍️ Skillshare - https://geni.us/skillshare-jeff • ❎ CleanShot X - https://geni.us/cleanshotx • BE MY FRIEND: • 📧 Subscribe to my Productivity newsletter - https://www.jeffsu.org/productivity-p... • 📸 Instagram - / j.sushie • 🤝 LinkedIn - / jsu05 • 👨🏻💻 WHO AM I: • I'm Jeff, a tech professional trying to figure life out. What I do end up figuring out, I share! • PS: Some of the links in this description are affiliate links I get a kickback from and my opinions are my own and may not reflect that of my employer 😇 • #mortgage #adulting #amortization
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