Show HN: Understand Mortgage Cash Flows

https://linemo.horaceg.xyz
by rogue7 • 8 months ago
3 2 8 months ago

A while ago, I was wondering if I should buy a home. Then I tried to understand how mortgage loan work, and what the interest rate represents.

A few hours later, this (static) web app was born. It's a glorified calculator that allows you to answer two questions:

- how much interest will I pay in addition to the principal (the amount being borrowed).

- Whether I should buy my home or keep renting.

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