[OC] House price you can afford by paying 1000/month for 30 years vs. interest rate Submitted by hmiamid t3_xy7qym on October 7, 2022 at 7:21 PM in dataisbeautiful 123 comments 630
[deleted] t1_irgguqw wrote on October 7, 2022 at 10:42 PM [deleted] Permalink −4− hmiamid OP t1_irghthn wrote on October 7, 2022 at 10:51 PM It's not a logarithm. Formula is (1-q^-N )/(q^(1/12)-1) where q is 1+r, r is the interest rate and N is the mortgage term in years. Permalink Parent 2 [deleted] t1_irgqo1t wrote on October 8, 2022 at 12:12 AM [deleted] Permalink Parent −2−
hmiamid OP t1_irghthn wrote on October 7, 2022 at 10:51 PM It's not a logarithm. Formula is (1-q^-N )/(q^(1/12)-1) where q is 1+r, r is the interest rate and N is the mortgage term in years. Permalink Parent 2 [deleted] t1_irgqo1t wrote on October 8, 2022 at 12:12 AM [deleted] Permalink Parent −2−
[OC] House price you can afford by paying 1000/month for 30 years vs. interest rate
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