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How do I calculate a mortgage payment? - Texas Instruments BA Real Estate Calculator

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The interest on a mortgage loan is a fee that you pay for borrowing the money. The equation here is for calculating the monthly payment for a mortgage is M = P[i(1+i)^n]/[(1+i)^n -1].

Posted on Jul 03, 2013

• Gina parris Jul 03, 2013

The interest on a mortgage loan is a fee that you pay for borrowing the money. The equation here is for calculating the monthly payment for a mortgage isM = P[i(1+i)^n]/[(1+i)^n -1].

• Gina parris Jul 03, 2013

The interest on a mortgage loan is a fee that you pay for borrowing the money. The equation for calculating the monthly payment for a mortgage loan isM = P[i(1+i)^n]/[(1+i)^n -1].

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Will someone please walk me through the steps to calculate a mortgage payment on the BAII PLUS TEXAS INSTRUMENT. Please be specific. Thanks.

Posted on May 08, 2011

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If \$100,000.00 loan: enter 100000. in pv, if interest rate is 5%, enter 5 divided by 12 = %i if 30 year mortgage, enter 360 N enter 2nd PMT to get monthly principle and interest. You may have already solved this problem.

Posted on Jan 22, 2011

• thedon4573 May 08, 2011

Please be specific. When you say enter \$100,000.00 in pv, do I need to press the 2ND-AMORT function key to calculate a morgage payment? And do I press the 5 key and then the e division key to enter the rate?

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Posted on Jan 02, 2017

SOURCE: Amortization

Change the payments per year (P/Y) to 12.

Posted on Nov 27, 2007

SOURCE: simple loan payment

200,000 (PV) 5.75 (I/Y) 30 (2nd) (N)(N) (CPT)(PMT)

Posted on May 16, 2008

Posted on Mar 23, 2009

See this handy Texas Instrument guide on calculating different formulae.
http://www.retrevo.com/support/TI-BA-II-PLUS-PROFESSIONAL-Calculators-manual/id/421ci277/t/2/

Posted on Apr 17, 2009

hard reset it take the battery cell out for 30mins and try it again.

Posted on Jul 07, 2009

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Related Questions:

How do I pay mortgage payment on line

Note: The names of the fields and controls on your bank's website may not be the same as the ones I've used. If you can't find the exact name, look for something similar

Set up where your payments will go.
1. Make sure you have the name of your mortgage company and your account number.
2. Go to your bank's online banking website.
3. Open the Pay Bills page
4. Open the Payees page
5. Select Add a New Payee
6. Look on the Payee List for the mortgage company
7. If you find it, select it and enter your account number. If you don't find it, go to your bank branch and ask for help.
Make a payment
1. Go to your bank's online banking website
2. Open the Pay Bills page
3. Select Pay a Bill
4. Select the mortgage company from your list of payees
5. Enter the payment amount
6. Enter the date the payment is to be made. If you're making the payment now, you can probably leave the date blank.
7. If the page allows paying of more than one bill at a time, there may be a box your have to check next to the payment entry you have made
8. Click the Confirm Payment button.

Nov 30, 2015 | Office Equipment & Supplies

Will someone please walk me through the steps to calculate a mortgage payment on the BAII PLUS TEXAS INSTRUMENT. Please be specific. Thanks.

For a thirty-year, \$100,000 mortgage at 8% annually, compute the monthly payment:

2nd [CLR TVM] ( clear the time value of money registers )
3 0 * 1 2 N ( thirty years at twelve payments per year )
8 I/Y ( 8% annual interest )
1 0 0 0 0 0 PV ( \$100,000 mortgage )
CPT PMT ( compute payment )

You should see -733.76. The negative indicates payment, the amount is \$733.76.

May 08, 2011 | Texas Instruments BA Real Estate...

When i enter for mortgage payments - 150,000 =PV, 5= I/Y and 360 = P/Y I should get an answer of 805.28 on my new Texas Instruments Calculator I get an answer of 7,500.000177 I don't know how to set up...

You have the number of payments per year set to one, so the calculator is telling you that you will get annual payments of 7500 on your investment. To set the number of payments per year to twelve, press 2nd [P/Y] 1 2 ENTER 2nd [QUIT]. Now pressing CPT [PMT] should give you the monthly payment of 805.28.

Aug 17, 2010 | Texas Instruments BA-II Plus Calculator

Incorrect mortgage payments

clear your memory by hitting <2nd> then <FV>. It will clear out the memory of any values that may be stuck which will return incorrect answers

Aug 26, 2009 | Texas Instruments BA-II Plus Calculator

Wrong calculation of mortgage payment

Check to see if the word "BEGIN" appears on your screen. If so, you are calculating the payment on an "annuity due" basis, that is, the first payment is made on day one, and each period thereafter, rather than the first payment being due at the end of the first (30 days usually) period. To fix this, press the blue "g" button, and then press the number "8" (notice the word "end" printed on that key in blue ink). This should return you to the normal (first payment due at the end of the period) option.

Jun 30, 2008 | HP 12c Calculator

Clear calc and mode registers & select two decimal places- ON/C, 2nd, CMR,FIX,2
Select FIN Mode - 2nd, FIN repeat until FIN shows up in display
Enter months in mortgage - N
Divide annual interest rate by 12 - Enter result as %i
Subtract down payment from cost of home - Enter result as PV
Compute monthly payment - 2nd, PMT
for Payments at beginning of month , press DUE, PMT

I have a question for you, what battery does the TI BA-II Constant Memory calculaor use?

Much thanks.

hgeiss@comcast.net

Oct 28, 2007 | Texas Instruments BA-II Plus Calculator

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