In my previous post: How to compute for the monthly amortization payment without a mortgage calculator,  I showed how I compute for the monthly amortization payment by hand. Tyrone of  Millionaire Acts through his comment asked: “How about if we don’t have access to the amortization factors table? Is there a way to compute it?”. I answered yes in my own comment and I would like to illustrate how it can be done through this post.

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