Show HN: Understand Mortgage Cash Flows
https://linemo.horaceg.xyzA 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.