How do you figure amortization by hand, without the help of a mortgage calculator?

Query by alison a: How do you determine amortization by hand, with no the support of a house loan calculator?
Is there a formulation that I could simply plug the figures into that would give me the sum of the payment for $ 137,five hundred with a 5.twenty five% fascination charge for 30 several years?

Finest answer:

Remedy by Paul C
You need to have a mortgage calculator. the payment is $ 759.28 that doesn’t contain taxes and insurance policy.

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