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How much money is going towards the mortgage principal payment if the monthly mortgage payment is $1500. The variable mortgage rate is 2.05%?

 
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anonymous


How much do I pay towards my principal if I will double the payment biweekly?
0     In Mortgage Cont.02

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    Q. What will my monthly payment be for a 380,000 mortgage at 2.25% variable rate?


    "Your monthly mortgage payments for 380,000 mortgage at 2.25% variable rate will be approx..."



    Your monthly mortgage payments for 380,000 mortgage at 2.25% variable rate will be approx. 1,600 per month. If you take the 5 years fixed rate mortgage @ 3.69% interest then you will pay about 1900 per month.

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    Q. How to calculate monthly mortgage payment with 5 year variable rate?


    "Canadian mortgage - there are many calculators available..."



    Canadian mortgage - there are many calculators available. Check my website at www.victorcatalan.ca and you can use the calculators I have on my home page.

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    Q. What is the monthly payment required to fully amortize a 30 year 130 000 canadian mortgage if the annual interest rate is 12 the mortgage term is ?


    The manner the question is posted looks like this is a homework for school. there are many calculators avalable to answer this question. Visit my website www.victorcatalan.ca and plug in the numbers so you can get the answer. You need to understand how this question will be translated to the calculator to get the answer.

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    We need your help! Please help us improve our content by removing questions that are essentially the same and merging them into this question. Please tell us which questions below are the same as this one:

    Q: How much money is going towards the mortgage principal payment if the monthly mortgage payment is $1500. the variable mortgage rate is 2.05%?

    The following questions have been merged into this one. If you feel any of these questions have been included in error help us improve our content by splitting these questions into seperate discussions. Please unmerge any questions that are not the same as this one:

    Q: How much money is going towards the mortgage principal payment if the monthly mortgage payment is $1500. the variable mortgage rate is 2.05%?
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