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Show HN: Mortgage calculator using discounted cash flow

walletcal.com

2 points by kjhitcher 6 years ago · 3 comments

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hosker4u 6 years ago

For some inspiration. These are UK Calculators but they work with Javascript, live updates. (well Laravel Livewire).

https://cyborg.finance/mortgage-tools/buy-to-let-mortgage-ca...

https://cyborg.finance/mortgage-tools/loan-to-value-calculat...

https://cyborg.finance/guide/types-of-mortgages

xupybd 6 years ago

Can someone please explain what the discount rate means?

  • kjhitcherOP 6 years ago

    Annual discount rate the rate by which you want to discount the future cash flow. For example, 6% means that $1000 in a year should be valued at $1000/(1 + 6%) = $943 in today's dollars, because if one has $943 today and invests it, one can probably get $1000 in a year. The recommended rate is the long-term (10 yr) government bound return rate, which is about 6% in the United States.

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