Finance calculator -- mortgages

[jawjahboy]

My first foray into php back in 2007 while trying to sale real estate. This is version I used for business:
http://jawjahboy.com/scripts/php/Mortgage-calc.php

Here is version without taxes and PMI included. Can be used for any kind of time payments:
http://jawjahboy.com/mortgage.php

[Linda]

Useful tools for people looking to invest. Homes around here (Boston area) can't be found for less than $400,000, which seems outrageous to me. Back in the 70's you could buy a house for about your yearly salary...not today. But I'm in elderly housing now and retired.

[tonebytone]

WOW, Tom!!!! Anything to do with math and I pick up my skirts and run screaming the other way! I hated arithmetic since first grade, lol, due to the way they used to teach it in KY when I was in grade school. Many years later, when I was teaching 4th grade, a program called "The New Math" came out. My school investigated it during a summer and then instituted it for the kids.

All of us teachers were bowled over by this program, because, for the first time, we understood what math is all about!!

If you're interested in teaching math, or learning about how it ought to be taught, a good book to read is "A Mathematician's Lament" by Paul Lockhart. He teaches math in a private grade school in NYC. He has two other books, "Arithmetic" and "Measurement."