This finance video tutorial explains how to calculate your monthly mortgage payment using the amortization formula. All you need is the principal loan balance, the loan term, and the fixed annual interest rate.
Liquidity Ratios: https://www.youtube.com/watch?v=bmZVPks4yQg
Assets, Liabilities, & Equity:
The Short Ratio:
Debt to Equity Ratio:
Time Value of Money:
_____________________________
Future Value of Annuity:
More Examples on Annuities:
How To Calculate The Monthly Mortgage Payment:
The Present Value of an Annuity:
Net Present Value & Internal Rate of Return:
____________________________
Annual Percentage Yield:
Amortization Loan Formula:
Amortization Table:
Rule of 72:
Bond Yields:
source
42 Comments
@TheOrganicChemistryTutor · October 17, 2026 at 8:53 am
Final Exams and Video Playlists: https://www.video-tutor.net/
@Zohard104 · October 17, 2026 at 8:53 am
I’m slightly confused but basically you pay 62% of the principal as interest over a 30 year fixed mortgage But I’m going to say you pay 65% because it is easier to remember
@BrendanJones-Barnes · October 17, 2026 at 8:53 am
U overly explaining made it confusing
@carlbate3786 · October 17, 2026 at 8:53 am
where you getting the 1.00416 from
@piashdouce2885 · October 17, 2026 at 8:53 am
this is great and this formula worked for my calculation aswell. I was looking for $2147.29 break down, how much is repayment and how much of it is interest
@dalmohat496 · October 17, 2026 at 8:53 am
Every time people making confusing then only they earn money for their profit. Here also same thing happened. How it come $2147.29 . He didn’t show complete process.
@morokeiboethia6749 · October 17, 2026 at 8:53 am
The amount you paid in 1 year comes out to $25767.44. So for that 1st year does the bank say you owe 20K in interest this year. You paid 25767.44 to us this year which covers the interest and pays towards your principal by an amount of $5767.44. Your year 2 principal amount is $394,232.56 …….. then repeat the math for the remaining 29 years? If this is how loans work then i hope everyone realized just how bad you're getting f-ed.
@jorelbaylon4595 · October 17, 2026 at 8:53 am
how did he get the 2147.29?
@LagenAcres · October 17, 2026 at 8:53 am
Clear, concise and eloquently explained. Oh blimey! 😂
@patrickdmorris · October 17, 2026 at 8:53 am
Not him skipping over the hardest part of the whole equation!!!! [1- (1.000416) -360 ] WHAT ARE WE DOING HERE?!?!
@kyleighflint · October 17, 2026 at 8:53 am
He did so good. Until that last part. Him not explaining how he got that answer ruined the whole entire video and I waisted my time watching it when I could have just watched a different one that actually explained how they got the answer.
@tmmyjay · October 17, 2026 at 8:53 am
F-
@RobertC-fs1bd · October 17, 2026 at 8:53 am
Showed all the steps until you got to the most important step smh
@dipsomania0 · October 17, 2026 at 8:53 am
People are more interested in how this is derived than its application
@AxeGamingss · October 17, 2026 at 8:53 am
As a 100% fully grown adult who loves watching YouTube, this was VERY helpful
@tiecoolguy · October 17, 2026 at 8:53 am
All these confused comments show how people are confused into massive debt.
@LGRWBobby · October 17, 2026 at 8:53 am
How are you going to just leave out vital parts of this ?
@whiteoutbored · October 17, 2026 at 8:53 am
as a 22 year old grown man, this was very helpful
@jbhballin33 · October 17, 2026 at 8:53 am
Wait til people find out what the sum total of all their payments will be after 30 years.
@mjdxp256 · October 17, 2026 at 8:53 am
see youtube? i'm watching videos about mortgages because i'm an adult
@_2boss4u_34 · October 17, 2026 at 8:53 am
This is not organic chemistry
@romaverick · October 17, 2026 at 8:53 am
So you'd pay more than 756000 over 30 years on a 400k house?
@KatiePayne-u7r · October 17, 2026 at 8:53 am
This is a great breakdown of the core formula; remember to factor in property taxes and insurance for a realistic monthly payment estimate!
@Roni_Rose · October 17, 2026 at 8:53 am
I’m genuinely so frustrated rn. I’m using the TMV solver and all the freaking info is put in correctly and I’m getting an answer that is only like $8 off. Yes I made sure everything is properly put in. Imma bout to crash out
@peterk.4266 · October 17, 2026 at 8:53 am
…and he does life coaching too? We need him in the Oval Office!
@CalebMartin2U · October 17, 2026 at 8:53 am
I wasn't financial free until my 40’s and I’m still in my 40’s, bought my second house already, earn on a monthly basis via my investment and got 5 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made. Great video! Thanks for sharing! Very inspiring! I love this.
@Imediatefamz · October 17, 2026 at 8:53 am
Would it be double if it’s 800K????
@yabbadabbaaa · October 17, 2026 at 8:53 am
was adding loan to my 2nd yr maths cba when i realised idek if we did loans yet so thank you for existing ill actaully have my cba done for tomorrow third class😻😻
@EmmaAlvarez-m4c · October 17, 2026 at 8:53 am
This seems much easier way to do it instead of all of having to use a lot of parenthesis. I have yet to try it.
@EmmaAlvarez-m4c · October 17, 2026 at 8:53 am
What about on the calculator?
@kisembojojo5 · October 17, 2026 at 8:53 am
If this answer is right, then the banks are really milking people.
Coz 2147.29 * 360 = 773,024.4
A profit of 373,024.4
That's almost 94% of their money. Not really 6%
It's the other way round
@nicolehenderson3950 · October 17, 2026 at 8:53 am
You skipped like a whole step but thanks
@micmike · October 17, 2026 at 8:53 am
you lost me
@eugeneking4844 · October 17, 2026 at 8:53 am
I think he used a mortgage calculator at the end that's why he didn't explain it because he got confused himself
@eugeneking4844 · October 17, 2026 at 8:53 am
I can't believe all of these comments and the people that saying good job but nobody explained how he got to 2147 and 29 cents. This is his video and I'm sure he seen all of the comments and didn't try to solve the end
@avh8639 · October 17, 2026 at 8:53 am
Thanks bro!
@amariemai5828 · October 17, 2026 at 8:53 am
This ending is very frustrating and a waste of time trying to figure out. You lost me in the ending by not fully walking through how you came to your complete conclusion. Thanks for the video just please walk through ALL of your steps next time
@fahimasiddiqua5182 · October 17, 2026 at 8:53 am
you have applied for a mortgage of tk 60000 to finance the purchase of a new car.the bank will require you to make annual payments of tk 7074.55 at the end of the next 20 years.determine the interest rate on this mortgage? Pls give me solution
@RachelLovelace · October 17, 2026 at 8:53 am
OH HEY! You helped me survive Graduate Stats for Psychology! You're the best. I love that you're teaching this! I thought this was a video about the Karl Mortgage Calculator. Check it out! It does this instantly with an entire amortization schedule breakdown with both interest and principle.
@lolilops54 · October 17, 2026 at 8:53 am
To people confused by the final step, the correct order is to do 1.00416 ^ -360 = x, then 1 – x = y, then 1666.6 ÷ y = MP. You might get slightly different results depending on how you choose to round the numbers, but without any rounding at all, this gives me 2,147.29.
@lidig3636 · October 17, 2026 at 8:53 am
Should I include the points (fees) to the principal?
@diariesofatwinflameawakeni79 · October 17, 2026 at 8:53 am
Add parentheses to what, sir?!! you completely missed showing us last step, you was doing good and then you lost me!