Updated: Jul 10, 2018
We guarantee that our financial tools are accurate which has been created based on extensive ground research and went through many revisions to deliver accurate result.
There has been established mortgage equations in the history of finance. In majority of world countries, mortgage equations are daily bread and butter for many financial analyst, financial institutions, real estate agents and individuals. When you buy the mortgage of $610,000 turns into $1Million after the mortgage amortization period ends.
Our financial tools related to mortgages have extensively used these equations. Simply plugging in equations into calculator does not work as it does require lots of back end calculations work to get the accurate result.
Credit card Equations
There has been established credit card equations in the history of finance. In majority of world countries, credit card equations are daily bread and butter for many financial analyst and financial institutions.
You may see there is minor variations in accuracy of mortgage calculations through out the web and it may impact 1 or more percentages in final result, if not taken extra care in creating programs that is accurate.