If you purchase a home for 200,000 dollars and your interest in 6% with 30 year amortization. How much interest will you pay after 30 years? Please show your work and explain how to calc this
I need help with math
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SeaweedBARRELED IN @ SBR!
- 01-19-12
- 26318
#1I need help with mathTags: None -
VeggieDogSBR Hall of Famer
- 02-21-09
- 7214
#2Originally posted by SeaweedIf you purchase a home for 200,000 dollars and your interest in 6% with 30 year amortization. How much interest will you pay after 30 years? Please show your work and explain how to calc thisComment -
HeadsterxSBR Posting Legend
- 12-03-16
- 23323
#3Betting $0 and the wager wins mean you win $0. 🤣🤣😁Comment -
SeaweedBARRELED IN @ SBR!
- 01-19-12
- 26318
#4So nobody knowsComment -
actiondanSBR MVP
- 10-16-10
- 3473
#5you need a lot of help broComment -
SomeDayinBuffaloSBR MVP
- 08-12-11
- 1486
#6Are you putting a down payment down? If not it's around 32kComment -
SomeDayinBuffaloSBR MVP
- 08-12-11
- 1486
#7Forgot to show math 200,000*.06=12,000/12=1000*320=32,000Comment -
ChuckyTheGoatBARRELED IN @ SBR!
- 04-04-11
- 37876
#8Originally posted by SeaweedSo nobody knows
Raw payments will be something like $400,000 to account for the Time Value of Money. If you want a more specific answer, let me know, pal.Where's the fuckin power box, Carol?Comment -
blankoblancoSBR MVP
- 11-18-11
- 3507
#9Why is anyone engaging with this clown? He posted a dumb math problem for no reason. Did you really read that post and think it's the post of someone actually buying a house? Also, it's Seaweed. lolComment -
mjsuax13Moderator
- 03-14-15
- 25201
#10SPAM. Come on guy. I also told you this stuff in the saloon.Comment -
veriableoddsSBR Hall of Famer
- 08-22-17
- 5099
#11-here is the calculator Amortization Calculator | Bankrate
-help with all things finance A Proven Plan for Financial Success - Ramsey (ramseysolutions.com)
-no way in hell I would buy a house unless you have at least 25% down, avoid PMI
-if your mortgage is over 25% of take-home stay far far away from it in fact run
-I suppose this topic is coming up because the FEDS dropped rates. Let's get clarify fed rates. Interest is for people who have debt. The wealthy make more money because they get paid more on sitting cash IE: cd, money market, short term bonds, ectComment -
HeadsterxSBR Posting Legend
- 12-03-16
- 23323
#12Originally posted by veriableodds-here is the calculator Amortization Calculator | Bankrate
-help with all things finance A Proven Plan for Financial Success - Ramsey (ramseysolutions.com)
-no way in hell I would buy a house unless you have at least 25% down, avoid PMI
-if your mortgage is over 25% of take-home stay far far away from it in fact run
-I suppose this topic is coming up because the FEDS dropped rates. Let's get clarify fed rates. Interest is for people who have debt. The wealthy make more money because they get paid more on sitting cash IE: cd, money market, short term bonds, ectComment -
veriableoddsSBR Hall of Famer
- 08-22-17
- 5099
#13Originally posted by HeadsterxSeaweed is Canadian. He doesn’t even care if Trump puts a tariff on his imported black dildo. 🤣
-who knew Canadians were so smart
-unrealComment -
HeadsterxSBR Posting Legend
- 12-03-16
- 23323
#14Originally posted by veriableodds-who knew Canadians were so smart
-unrealComment -
SeaweedBARRELED IN @ SBR!
- 01-19-12
- 26318
#15ThanksComment -
Al MastersSBR Hall of Famer
- 04-29-06
- 6940
#16200k in Toronto is a broken down shack with rats and cockroaches, when you open a window to get some
fresh air you’ll be overwhelmed with the smell of Indian curry….make sure to get home owners insurance if it’s available for that part of town and arm yourself big time.Comment -
OptionalAdministrator
- 06-10-10
- 62065
#17Originally posted by SeaweedIf you purchase a home for 200,000 dollars and your interest in 6% with 30 year amortization. How much interest will you pay after 30 years? Please show your work and explain how to calc this.Comment
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