Wednesday, June 29, 2022

Mortgage in PayEsTor 1.5

 <View for Mortgage>

if you want to estimate how much you have to pay for mortgage deal, choose "Mortgage" from Combobox. Then You can see:




1. Lender: You can enter the name of the Lender here. FYI, you can enter character only here.

2. MSRP(Home): price of the house you want to buy.

3. Down Payment: this is the part of the home's purchase price you pay upfront, rather than financing it through a mortgage. if you're buying a $200,000 home, for example, and put 10 % down, or $20,000, you'd ge getting a mortgage for $180,000.

4. Rate: Interest Rate for the deal.


5. Terms(mos.): the length of time between when a fixed-income security, such as a bond or note, is offered for sale and its maturity date. (if you want to enter 3 yrs. as the terms of the deal, you should enter "36" because PayEsTor uses months as a measure for terms.)

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Disclaimer for PayEsTor 1.5

 < Disclaimer > The rate used by the app is the Interest Rate, not the APR, which may cause differences with estimation result from in...