Calculating Unpaid Balance On An Existing Mortgage - Texas Instruments BA Real Estate User Manual

Calculating Unpaid Balance on an Existing Mortgage

1. Clear TVM values (if not already cleared).
2. Enter original term of loan (in years).
3. Enter interest rate.
4. Enter original loan amount.
5. Compute payment.
.
6. Enter number of payments made.
7. Compute unpaid balance.
.
Mortgages and Amortization 23