Math: calculating mortgage payment on the Windows desktop calculator

The tutor points out a very convenient utility.

I haven’t upgraded to Windows 10, so am still running Windows 7. From the Start menu (the circle with the colored window panes), if I click All Programs, then Accessories, the desktop calculator is the first listed.

I’ve written one article (see here) praising the Windows desktop calculator’s utility towards standard deviation. Today the focus is its mortgage worksheet.

Once the calculator is activated, click the View menu; at the bottom is Worksheets. Mousing over Worksheets, you’ll see Mortgage and a few other options. Click Mortgage, and the worksheet appears at right, with entry boxes for Purchase price, Down payment, Term, and Interest rate. After entering those values, you click Calculate to find the monthly payment. The worksheet can also be used to calculate Down payment, Purchase Price, and Term.

I don’t think calculating one’s mortgage payment can be done any more easily than with the Windows desktop calculator:)

Jack of Oracle Tutoring by Jack and Diane, Campbell River, BC.

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