Calculating Mortgage Payments in Python

We can use Python to calculate mortgage payments when purchasing a home. Let’s consider the following: Home cost: $430,000Down payment: 6%Interest rate: 3.12%Insurance: $131Property taxes: 0.086%Loan type: 30-year fixed We begin by importing numpy and calculating the down payment. Based on the calculations below, we see the down payment will cost $25,800, leaving a balance…… Continue reading Calculating Mortgage Payments in Python