Mortgage Calculator

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The monthly payment of a mortgage depends on the amount borrowed, the years in the loan, and the interest rate. A graph of cumulative payments shows the buildup of principal (blue), total interest paid (purple), and total payments (brown).
Contributed by: Ed Pegg Jr (April 2007)
Open content licensed under CC BY-NC-SA
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"Mortgage Calculator"
http://demonstrations.wolfram.com/MortgageCalculator/
Wolfram Demonstrations Project
Published: April 27 2007