Amortization Loan Formula

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  • เผยแพร่เมื่อ 1 ต.ค. 2024
  • This finance video tutorial explains how to calculate the monthly loan payment using the amortization formula. It also explains how to calculate the total cost of a loan and the total interest that is expected to paid over the life of the term.
    Liquidity Ratios:
    • Liquidity Ratios - Cur...
    Assets, Liabilities, & Equity:
    • Personal Finance - Ass...
    The Short Ratio:
    • How To Calculate The S...
    Debt to Equity Ratio:
    • Long Term Debt to Equi...
    Time Value of Money:
    • Time Value of Money - ...
    _____________________________
    Future Value of Annuity:
    • How To Calculate The F...
    More Examples on Annuities:
    • Annuities - How To Cal...
    How To Calculate The Monthly Mortgage Payment:
    • How To Calculate Your ...
    The Present Value of an Annuity:
    • How To Calculate The P...
    Net Present Value & Internal Rate of Return:
    • Net Present Value - NP...
    ____________________________
    Annual Percentage Yield:
    • Annual Percentage Rate...
    Amortization Loan Formula:
    • Amortization Loan Formula
    Amortization Table:
    • How To Create an Amort...
    Rule of 72:
    • Rule of 72
    Bond Yields:
    • Intro to Investing In ...

ความคิดเห็น • 61

  • @TheOrganicChemistryTutor
    @TheOrganicChemistryTutor  8 หลายเดือนก่อน +1

    Final Exams and Video Playlists: www.video-tutor.net/
    Full-Length Math & Science Videos: www.patreon.com/mathsciencetutor/collections

  • @tangeniimmanuel2987
    @tangeniimmanuel2987 ปีที่แล้ว +7

    This man's IQ is questionable....He literally knows everything.....GENIUS

  • @jonahravelo3370
    @jonahravelo3370 2 ปีที่แล้ว +20

    We need more real estate math problem questions please!

  • @PhysicsWithBen
    @PhysicsWithBen 2 ปีที่แล้ว +13

    I salute your General Knowledge.

  • @user-kw9gh9fl7x
    @user-kw9gh9fl7x 2 ปีที่แล้ว +8

    Thanks for the lesson✌🏻
    Btw can you pls put more financial math problems🥺

  • @b.c.2836
    @b.c.2836 8 หลายเดือนก่อน +4

    Thank you for the formula, I used it for building a calculator code in my CP class :)

  • @TheresidentchefJ
    @TheresidentchefJ ปีที่แล้ว +10

    I’m not getting this same answer how???

    • @nhitc6832
      @nhitc6832 8 หลายเดือนก่อน +4

      Because you're missing parentheses when you punch them in your calculator
      Try 1500/(1-(1.005)^(-360))

    • @elihubildad6677
      @elihubildad6677 3 หลายเดือนก่อน

      Thanks I was trying to figure out the same thing they need to make that more clear.

  • @samsongamotin6338
    @samsongamotin6338 ปีที่แล้ว +2

    Can you give us amortization in diminishing form thanks

  • @maxplank1196
    @maxplank1196 2 ปีที่แล้ว +2

    Who came up with the amortization formula?

    • @nhitc6832
      @nhitc6832 8 หลายเดือนก่อน

      Evil banks of course :))

  • @excitedaboutlearning1639
    @excitedaboutlearning1639 2 ปีที่แล้ว +1

    This video illustrates nicely that real estate is not the best investment in the world despite what the propaganda says.
    You end up paying double the amount when you take interest into account, not to mention monthly HOA fees, maintenance fees (1-2% annually), property tax. Sometimes, it's better to live in a rental properties, especially in expensive cities.

  • @paizleywashere
    @paizleywashere 2 ปีที่แล้ว +3

    Can you do a absolute value video using fractions

  • @kangmoabel
    @kangmoabel 2 ปีที่แล้ว +2

    Economics !! you rock

  • @giftzulu498
    @giftzulu498 ปีที่แล้ว +1

    Thank you, what would UNZA students do without you?😂😂😂💯

  • @Aggna_re
    @Aggna_re ปีที่แล้ว +1

    How did i get 1.499.83 instead of 1,798,6? 🤦🏻‍♂️

  • @ethan-zq6kx
    @ethan-zq6kx 6 หลายเดือนก่อน +1

    Thanksssss this is really helping me

  • @ritchiebaitoiya
    @ritchiebaitoiya ปีที่แล้ว +1

    What is the difference with the future value problems?

  • @hektordigital4395
    @hektordigital4395 5 หลายเดือนก่อน

    How he managed to work out $1,798.65 is a mystery. I just wasted 5mins of my time.

    • @nor6041
      @nor6041 3 หลายเดือนก่อน

      Get the formula for Ordinary Annuity then plug in the values. You'll get his answer.

  • @lqejnrenefqrni
    @lqejnrenefqrni 2 ปีที่แล้ว +1

    Hello can you please do the Credit Score Formula thank you so much❤️

  • @mushtakahmed1805
    @mushtakahmed1805 ปีที่แล้ว

    Thanks for the formula....but we can also do this with PV annuity formula...and I'm sorry but your calculations are wrong. Thank you.

  • @faithvillamor
    @faithvillamor 7 หลายเดือนก่อน

    hello..please can someone explain how he got 1,798.65 please? I can't get it🥺

  • @mfam2371
    @mfam2371 3 หลายเดือนก่อน

    But doesn't the amount that goes towards interest decrease the more payments you make? How does that work?

  • @HotSauce-mn1mp
    @HotSauce-mn1mp 9 หลายเดือนก่อน

    Out of all the fkn so called real estate ppl on TH-cam I had to come to the organic guy to get the answer I was looking for

  • @edfl9299
    @edfl9299 6 หลายเดือนก่อน

    Can you please explain what some of part of formula means like ( 1 - (1+ means what?

  • @tylercampbell6272
    @tylercampbell6272 ปีที่แล้ว

    This is just memorizing a formula. What about explaining what the parts of the formula means?

  • @gunasekaranvenugopal7991
    @gunasekaranvenugopal7991 ปีที่แล้ว

    Please let me rate of interest if the principle loan amount is 10000 and thier installment paid over the period of 30 weeks finally interest+ loan amount figured 12900 every installment was 430 , how do we know their rate of interest please any body prove little confusing, not easy to understand the difference between n and t, usually n will be years in this case it's 30 weeks how to calculate

  • @KEVINSURIEL
    @KEVINSURIEL 8 หลายเดือนก่อน

    How do they determine cost you will pay in actual interest per month? vs principal because it seems to change monthly

  • @Video_collection
    @Video_collection ปีที่แล้ว

    why I get different answer . I get 2k something.

  • @gummyeojin
    @gummyeojin 4 หลายเดือนก่อน

    ty 😭😭 my discrete math senior exam is in a few days and i was out and missed this lesson.

  • @ramazanboss6388
    @ramazanboss6388 2 ปีที่แล้ว +1

    You are legend

  • @maisanniinsoyatbp.
    @maisanniinsoyatbp. 2 ปีที่แล้ว +1

    Thanks for the lesson learned a lot.

  • @frincessplays3545
    @frincessplays3545 ปีที่แล้ว

    Bobo ako sa math any tips hahaha

  • @thatomofolo452
    @thatomofolo452 ปีที่แล้ว

    Yup 🤧

  • @Catsup-r2z
    @Catsup-r2z 8 หลายเดือนก่อน

    Thankyouu7u

  • @GhislaineKouatchou
    @GhislaineKouatchou 11 หลายเดือนก่อน

    I don't know were the 12 is coming from please

    • @nhitc6832
      @nhitc6832 8 หลายเดือนก่อน

      Because their are 12 months in a year. Think about what APR means. It means Annual Percent Rate. 6% APR means 6%/year or 0.5%/month.

  • @praweshthar6645
    @praweshthar6645 ปีที่แล้ว

    bro come on men thank u very much

  • @moridorimaridari2610
    @moridorimaridari2610 2 ปีที่แล้ว

    i love you

  • @anonymousprivet1227
    @anonymousprivet1227 2 ปีที่แล้ว +2

    This video came just in time to remind my young adult how to calculate the car payment they are about to acquire.

  • @TheCosmicGuy0111
    @TheCosmicGuy0111 2 ปีที่แล้ว

    Fun

  • @JohnJoshuaMontinagnosArellano
    @JohnJoshuaMontinagnosArellano 11 หลายเดือนก่อน

    I'm not getting the same answer 😭😭😭

    • @hektordigital4395
      @hektordigital4395 5 หลายเดือนก่อน +1

      Find a good calculator that has the Xy symbol. That helps you to raise the power so you can go ahead to insert -360

  • @treasurelove1883
    @treasurelove1883 ปีที่แล้ว

    Thanks a lot ☺️

  • @angelicafloria9744
    @angelicafloria9744 10 หลายเดือนก่อน

    San po nakuha yung 12?

    • @jonathanotadora2639
      @jonathanotadora2639 10 หลายเดือนก่อน

      Monthly kc kaya 12months sa isang taon

  • @ImNuclearYT
    @ImNuclearYT ปีที่แล้ว

    I type exactly what he does but I always end up with 1499.83 where am i going wrong

  • @Delicious1Tv
    @Delicious1Tv 2 ปีที่แล้ว

    ❤️❤️❤️👆👆

  • @JohnJoshuaMontinagnosArellano
    @JohnJoshuaMontinagnosArellano 11 หลายเดือนก่อน

    1,789.65??? howw???

    • @nhitc6832
      @nhitc6832 8 หลายเดือนก่อน

      Probably because how you type the expression in the calculator. Inappropriate parentheses will give you different answer😊

    • @Alwayshopewill
      @Alwayshopewill 2 หลายเดือนก่อน

      1500 devide then open parentheses 1 - open parentheses 1.005 close parentheses close parent ^negative open parent 360 close parent =

  • @Akihitokyeptho
    @Akihitokyeptho ปีที่แล้ว

    This is very long process.. just for self benefit by prolonging ur video