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Mortgage APR Formula - Mortgage
Calculator
Tutorial
Formula
Formula:
L - F = P
1
/(1 + i) + P
2
/(1 + i)
2
+ P
3
/(1 + i)
3
+...
Where,
i = IRR
L = Loan amount
F = Points and all other lender fees
P = Monthly payment
Related Calculator:
Mortgage APR Calculator
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