Posted by Cheryl on .
what would the monthly payment be on a $115,000 home with a 4.4 percent annual interest?

mortgage rates 
Ms. Sue,
That depends upon the size of the mortgage and the number of years in which you've agreed to pay it off.

mortgage rates 
Damon,
I did one very much like this earlier today.
You need the number of years of course.
periods = years * 12
HERE IS ONE LIKE THIS
NOT THE SAME
the patel family recently purchased a home taking out a mortage of $235,000 at 8% for 25 years excluding taxes and insurance what is the monthlt piti payment for their loan
finance  Damon, Thursday, January 26, 2012 at 3:12pm
pmt = PV [ r/{1  (1+r)^n} ]
r = .08/12 = .0066666
n = 25*12 = 300
1+r = 1.0066666
(1+r)^300 = .13624
+1 = 1.13624
.0066666/1.1364 = .005867
* 235000 = $1,378.82 per month