'Directions on how to use the 'Financial Calculator'
Solve for the Principal and Interest on a home and show the payment schedule. Suppose you would like to know how much it will cost per month in Principal and Interest to buy a new home. The builder is asking $255,000 for a new home, the interest rate for a 30 year amortized mortgage is 6.25% and you have a down payment of about $20,000. ................
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