I stand corrected. It looks like housing loan has different calculations compared to my excel file. Computed my existing housing loan and there's a huge variance when using a simple calculator versus the housing loan calculator.

Quote Originally Posted by lsalapare View Post
I beg to disagree with the calculator you used sir.

8% times 10 = 80%
80% of 1 million is 800,000 <=== tubo ng bank
1 million value ng house + tubo ng bank = 1,800,000

#value #error

Assuming na no down payment yang 1 million na loan. hehehe



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I beg to disagree with the calculator you used sir.

8% times 10 = 80%
80% of 1 million is 800,000 <=== tubo ng bank
1 million value ng house + tubo ng bank = 1,800,000

#value #error

Assuming na no down payment yang 1 million na loan. hehehe
- - - - - - - - - - - - - - - - - - - - - -

I stand corrected. It looks like housing loan has different calculations compared to my excel file. Computed my existing housing loan and there's a huge variance when using a simple calculator versus the housing loan calculator.

Quote Originally Posted by lsalapare View Post
I beg to disagree with the calculator you used sir.

8% times 10 = 80%
80% of 1 million is 800,000 <=== tubo ng bank
1 million value ng house + tubo ng bank = 1,800,000

#value #error

Assuming na no down payment yang 1 million na loan. hehehe



- - - - - - - - - - - - - - - - - - - - - -

I beg to disagree with the calculator you used sir.

8% times 10 = 80%
80% of 1 million is 800,000 <=== tubo ng bank
1 million value ng house + tubo ng bank = 1,800,000

#value #error

Assuming na no down payment yang 1 million na loan. hehehe