Calculate your mortgage.

CHECK THIS AS WELL

For the case interest rate is 0.875%, months to pay is 26 full years, and the remaining principle is 50,814,556JPY.

See aDFyear for each year and aDFmonth for each month.

> mortgage(P=50814556, I=0.875, L=(26*12), amort=T, plotData=T)

The payments for this loan are:


Monthly payment: ￥182,154.3 (stored in monthPay)
Total cost: ￥56,832,131

The amortization data for each of the 312 months are stored in "aDFmonth".

The amortization data for each of the 312 years are stored in "aDFyear".

> aDFyear
   Amortization Annual_Payment Annual_Principal Annual_Interest Year
1      50814556        2185851          1748224       437627.33    1
2      49066332        2185851          1763582       422268.88    2
3      47302750        2185851          1779076       406775.49    3
4      45523674        2185851          1794705       391146.00    4

                                     <skip>

25      4332107        2185851          2156580        29270.81   25
26      2175526        2185851          2175526        10324.87   26