Скачать или смотреть How to Calculate Loan Payments & Amortization Schedules | Dr. B Teaches Math

Understanding how consumer loans and amortization work can save you thousands over time. In this lesson, we’ll break down the Amortization Formula to show how consumer loan payments are divided between interest and principal. We’ll also walk through how to create a simple amortization schedule, calculate total interest paid, and go through some real-world examples using auto loans, mortgages, school loans, and personal loans.

0:00 Lesson Intro
0:33 Consumer Loans
2:45 Consumer Questions
4:03 How Much Will My Payments Be?
4:40 Amortization Payment Formula
6:01 What is My Remaining Balance?
7:54 Sample Amortization Schedule
10:20 Example 1 - Auto Loan
16:02 Example 2 - Mortgage Loan
20:45 Example 3 - Personal Loan
23:15 Example 4 - School Loan
33:07 Example 5 - Repayment Options
42:55 Example 6 - Amortization Schedule
1:00:25 Common Mistakes
1:01:00 Key Takeaways

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