There was a problem with your entry. Please review the error messages below and submit your information again.”;
$copy2=”
| $resultMessage |
“;
}
else{
$i=$f->PMT($rate, $nper, $pv);
$g=$_POST[‘ins’]/12;
$h=$_POST[‘retax’]/12;
$payment = $i + $g + $h;
$resultMessage=”
If you took out a home loan for $”.number_format($_POST[‘pv’]).” for “.$_POST[‘nper’].” years at a fixed yearly interest rate of “.$_POST[‘rate’].”%, your house payment would be $”.number_format($payment,2).” per month, including insurance and real estate taxes.
“;
$copy=”
If possible, always get a fixed rate mortgage for your house. You’ll have consistent payments and no surprises in the coming years.”;
$copy2=”
| $resultMessage |
“;
$copy3=”
Assumptions we’ve made for this calculation:
- There would be no addtional loans taken on the property.
- There are 12 equal payments made each year.
“;
}
//echo”$resultMessage”;
}
else{
$copy=”
This tool will show you how much your fixed rate mortgage will cost you each month.
“;
}
?>
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