Question about Texas Instruments BA-II Plus Calculator

1 Answer

Change in amortization of loans due to interest rate changes

I need to know how a change of interest rate in a mortgage will change the period of amortization of a loan

Posted by on

Ad

1 Answer

  • Level 3:

    An expert who has achieved level 3 by getting 1000 points

    One Above All:

    The expert with highest point at the last day of the past 12 weeks.

    Top Expert:

    An expert who has finished #1 on the weekly Top 10 Fixya Experts Leaderboard.

    Superstar:

    An expert that got 20 achievements.

  • Texas Instru... Master
  • 102,366 Answers

Put in all of the other data (present and future value, etc). Put in the new interest rate and press the I/Y key. Press CPT then the N key to see the new number of periods.

Posted on Jan 03, 2013

Ad

1 Suggested Answer

6ya6ya
  • 2 Answers

SOURCE: I have freestanding Series 8 dishwasher. Lately during the filling cycle water hammer is occurring. How can this be resolved

Hi there,
Save hours of searching online or wasting money on unnecessary repairs by talking to a 6YA Expert who can help you resolve this issue over the phone in a minute or two.

Best thing about this new service is that you are never placed on hold and get to talk to real repairmen in the US.

Here's a link to this great service

Good luck!

Posted on Jan 02, 2017

Ad

Add Your Answer

Uploading: 0%

my-video-file.mp4

Complete. Click "Add" to insert your video. Add

×

Loading...
Loading...

Related Questions:

2 Answers

Are Mortgage Loans cheaper than a Home Loans?


Wireless Mouse, AmanStino ML11 2.4G Cordless Mouse with USB Nano Receiver

  • Adopt the 2.4G Wireless Technology up to 10M reception, for a powerful reliable connection;
  • ( Receiver is stored in the mouse; please open the battery cover to retrieve it)
  • Ergonomic design, optimized wireless solution for a smooth, precise, easy and affordable mouse;
  • Auto Power Off (APO) for more energy saving: the mouse will be switched off automatically when the receiver is disconnected, the PC is switched off or the mouse is set aside;
  • Optimized 1200DPI high definition for an enhanced and best performance, just like navigating with your wired mouse;
  • Pair-free technology for plug and go ready; works with Windows 2000, XP, Vista, 7 8, 10
Wireless Mouse AmanStino ML11 2 4G Cordless Mouse with USB Nano Receiver...

Nov 21, 2016 | Computers & Internet

Tip

What are the Different Types of Mortgages The world of mortgages can be really...


What are the Different Types of Mortgages

The world of mortgages can be really confusing. There are so many different types and the terms and conditions vary between lenders and individual customers.

Here is a very basic outline of some of the main types of mortgages that are available.

Fixed-Rate Loans
Fixed-rate loans are loans where the interest rate says the same for the whole duration of the loan (ie 25 years). This type of mortgage is more stable than others as it's not based on market conditions and allows you to budget for your mortgage without the risk of costs rising.

Adjustable-Rate Loans
Adjustable-rate loans have interest rates attached to them that can change based on an index reflecting market changes. Sometimes these kind of mortgages start out with a lower interest rate than fixed-rate loans but the payments can go up or down causing uncertainty to the customer.

Interest-Only Loans
Interest-only loans involve paying only the interest costs that have built up on the loan balance. Usually these interest only payments carry on for a number of years and then the borrower starts to pay for the actual loan amount as well.

on Sep 10, 2013 | Finance

5 Answers

Which home loan is better: Long term or Short term?


A home loan is always considered to be a good debt. So, longer home loan tenure is going to benefit the applicants more. An applicant who is apply for a home loan online, you enjoy the benefit of tax deduction for the entire tenure of the loan.
In case of short term home loans, your house loan EMI amount will be pretty high, so you may not be able to afford it. But you have to repay less to the lender. But in case of long run, your per month repayment will be less and affordable, but you will end up paying much more than what you have actually taken as loan. Your principal amount and your repayment amount will have a huge difference.

Jul 25, 2016 | The Computers & Internet

1 Answer

Can I Modify My Payment Schedule On The Business Loan Having A Fixed Interest Rate?


You are able to switch to a principal and interest amortizing facility in order to a pursuit-in-advance facility in the finish of the fixed rate of interest term. When the payment type is transformed throughout the fixed rate of interest term, break costs might be incurred.

Jun 02, 2015 | The Computers & Internet

1 Answer

What's The Distinction Between Annual Percentage Rate & Rate Of Interest?


Your rate of interest is the monthly set you back pay on the delinquent balance of your house loan. An APR includes your rate of interest and then any additional cost or prepaid finance charges like the origination fee, points, PMI, underwriting and processing costs. (Your actual costs might not include all the products above.) While your rate of interest may be the rate at which you'll help make your monthly mortgage obligations, the annual percentage rate is really a universal measurement to guide you in evaluating the price of mortgage financial loans provided by different mortgage lenders.

May 12, 2015 | Miscellaneous

2 Answers

How do I get printout of interest I paid on loan in 2014?


Contact your lender.

You may be able to set up online access to your account data through the lender's website. If that is available, it probably includes links for your account status, history and statements. The December statement likely shows interest paid during the year.

Feb 10, 2015 | 2005 Honda Pilot

7 Answers

What is a mortgage loan?


In this fast-growing journey, owning property or piece of land is considered as essential factor in life. So, how loan against property can be valuable for you, take a view in the following ways:-

Rupee Station provides you the hassle-free loan up to Rs. 5 Crores with low-interest rate along with instant processing.

Once your eligibility & documentation matched at Rupee Station, then the amount will be credited within just two days.
Read More: Loans Against Property at Lowest Interest Rate

Rupee Station is the digital marketplace of the lending process where you can easily avail the Mortgage loan in India by filling the minimal documentation through the online.



interest rate on loan against your property-0n5rxxqnyxlt5amnq5f310zh-5-0.jpg

Aug 08, 2013 | Finance

2 Answers

If money is not an economic resource, why is interest paid and received for its use? What considerations account for the fact that interest rates differ greatly on various types of loans? Use those...


Inflation is a major factor determining the level of interest rates. The longer the duration of the loan, the greater the risk that inflation can accelerate, reducing the purchasing power of the loan repayment. So, rates generally are higher on long-term loans than on short-term no fax installment loans, because people who lend for longer periods have to be compensated for the risk that inflation might accelerate during the longer periods.

Mar 08, 2011 | Health & Beauty

2 Answers

Explain the term amortization


The process of paying off a loan through specifically structured periodic payments is known as amortization. Amortized loans are different from other loans due to the way the amount and the structure of each payment is determined.

mortgage payments are a common form of amortized loans, and interestingly enough, both the term mortgage and the termamortization find their meaning in the same root word "mort." This term means to deaden or kill, as in to "kill off" or eliminate the loan a bit at a time, via regular payments.

Feb 10, 2011 | Computers & Internet

Not finding what you are looking for?
Texas Instruments BA-II Plus Calculator Logo

Related Topics:

111 people viewed this question

Ask a Question

Usually answered in minutes!

Top Texas Instruments Office Equipment & Supplies Experts

k24674

Level 3 Expert

8073 Answers

Stevan Milanovic

Level 2 Expert

266 Answers

Donald DCruz
Donald DCruz

Level 3 Expert

17130 Answers

Are you a Texas Instruments Office Equipment and Supply Expert? Answer questions, earn points and help others

Answer questions

Manuals & User Guides

Loading...