RE: Mortgage Formula

2006-07-05 Thread Andy Matthews
Might this be it? M = P * ( J / (1 - (1 + J) * (-N * -N))) I'm not all that great at math so that's probably not right...just a guess. !//-- andy matthews web developer certified advanced coldfusion programmer ICGLink, Inc. [EMAIL PROTECTED] 615.370.1530 x737

RE: Mortgage Formula

2006-07-05 Thread Ben Forta
CFML uses ^ for exponent --- Ben -Original Message- From: Andy Matthews [mailto:[EMAIL PROTECTED] Sent: Wednesday, July 05, 2006 12:09 PM To: CF-Talk Subject: RE: Mortgage Formula Might this be it? M = P * ( J / (1 - (1 + J) * (-N * -N))) I'm not all that great at math so that's

Re: Mortgage Formula

2006-07-05 Thread James Holmes
No, that's different. On 7/6/06, Andy Matthews [EMAIL PROTECTED] wrote: Might this be it? M = P * ( J / (1 - (1 + J) * (-N * -N))). ~| Message: http://www.houseoffusion.com/lists.cfm/link=i:4:245415 Archives:

RE: Mortgage Formula

2006-07-05 Thread Bobby Hartsfield
M = P * ( J / (1 - (1 + J) ^ -N)) maybe? ..:.:.:.:.:.:.:.:.:.:.:.:. Bobby Hartsfield http://acoderslife.com -Original Message- From: Andy Matthews [mailto:[EMAIL PROTECTED] Sent: Wednesday, July 05, 2006 12:09 PM To: CF-Talk Subject: RE: Mortgage Formula Might this be it? M = P

RE: Mortgage Formula

2006-07-05 Thread Andy Matthews
PROTECTED] Sent: Wednesday, July 05, 2006 11:12 AM To: CF-Talk Subject: Re: Mortgage Formula No, that's different. On 7/6/06, Andy Matthews [EMAIL PROTECTED] wrote: Might this be it? M = P * ( J / (1 - (1 + J) * (-N * -N

Re: Mortgage Formula

2006-07-05 Thread James Holmes
http://livedocs.macromedia.com/coldfusion/6.1/htmldocs/expresa4.htm On 7/5/06, Rick Faircloth [EMAIL PROTECTED] wrote: Can anyone help write this in CF? It's a mortgage calculation formula and I want to build a CF-based calculator. Here's the formula I found: M = P * ( J / (1 - (1 + J) **

RE: Mortgage Formula

2006-07-05 Thread Rick Faircloth
Appreciate the help, Andy...try and learn, that's always worked best for me. :o) Rick -Original Message- From: Andy Matthews [mailto:[EMAIL PROTECTED] Sent: Wednesday, July 05, 2006 12:28 PM To: CF-Talk Subject: RE: Mortgage Formula I figured it wouldn't be right...just wanted to try

RE: Mortgage Formula

2006-07-05 Thread Rick Faircloth
Is there a consensus on this one? M = P * ( J / (1 - (1 + J) ^ -N)) Rick -Original Message- From: Bobby Hartsfield [mailto:[EMAIL PROTECTED] Sent: Wednesday, July 05, 2006 12:13 PM To: CF-Talk Subject: RE: Mortgage Formula M = P * ( J / (1 - (1 + J) ^ -N)) maybe

RE: Mortgage Formula

2006-07-05 Thread Rick Faircloth
, 2006 1:40 PM To: CF-Talk Subject: RE: Mortgage Formula Is there a consensus on this one? M = P * ( J / (1 - (1 + J) ^ -N)) Rick -Original Message- From: Bobby Hartsfield [mailto:[EMAIL PROTECTED] Sent: Wednesday, July 05, 2006 12:13 PM To: CF-Talk Subject: RE: Mortgage Formula M = P

RE: Mortgage Formula

2006-07-05 Thread Bobby Hartsfield
No problem. ..:.:.:.:.:.:.:.:.:.:.:.:. Bobby Hartsfield http://acoderslife.com -Original Message- From: Rick Faircloth [mailto:[EMAIL PROTECTED] Sent: Wednesday, July 05, 2006 2:03 PM To: CF-Talk Subject: RE: Mortgage Formula Looks like this one is a winner... I put the formula

Re: Mortgage Formula

2006-07-05 Thread Jim Wright
On 7/5/06, Rick Faircloth [EMAIL PROTECTED] wrote: Is there a consensus on this one? M = P * ( J / (1 - (1 + J) ^ -N)) That looks like it would be the correct formula for determining the monthly payment. Keep in mind that it is just the P and I, the actual payment would also include escrow

RE: Mortgage Formula

2006-07-05 Thread Rick Faircloth
Thanks for the reminder, Jim... :o) Rick -Original Message- From: Jim Wright [mailto:[EMAIL PROTECTED] Sent: Wednesday, July 05, 2006 2:39 PM To: CF-Talk Subject: Re: Mortgage Formula On 7/5/06, Rick Faircloth [EMAIL PROTECTED] wrote: Is there a consensus on this one? M = P * ( J

RE: Mortgage Formula

2006-07-05 Thread Rick Faircloth
, July 05, 2006 4:01 PM To: CF-Talk Subject: RE: Mortgage Formula Thanks for the reminder, Jim... :o) Rick -Original Message- From: Jim Wright [mailto:[EMAIL PROTECTED] Sent: Wednesday, July 05, 2006 2:39 PM To: CF-Talk Subject: Re: Mortgage Formula On 7/5/06, Rick Faircloth [EMAIL PROTECTED

Re: Mortgage Formula

2006-07-05 Thread Jim Wright
You also need to be careful when putting financing information out there to not run afoul of regulation Z of the Truth-In-Lending act...there are some pretty strict regulations on how financing can be advertised. I have seen statements similar to the following used on other mortgage calculators:

RE: Mortgage Formula

2006-07-05 Thread Rick Faircloth
Thanks, Jim...since I'm building this for a Realtor, it'll be very important not to run afoul of any regulations! Rick -Original Message- From: Jim Wright [mailto:[EMAIL PROTECTED] Sent: Wednesday, July 05, 2006 4:43 PM To: CF-Talk Subject: Re: Mortgage Formula You also need