## 30 vs 40-year Mortgage Calculator

30 vs 40-year Mortgage Calculator Calculate Sure, I can create a table comparing 30-year and 40-year mortgage options based on certain estimations. Let’s use some standard assumptions for our calculations: We’ll calculate: First, we can use the formula for calculating monthly mortgage payments: M=P⋅r⋅(1+r)n(1+r)n−1M = \frac{P \cdot r \cdot (1 + r)^n}{(1 + r)^n – … Read more