How much money can I afford to borrow | Mortgage Loan Calculator - Excel and T24 Programming

Описание: Mathisi Digital is a community platform aiming at encouraging professionals in financial institutions to share knowledge and develop digital financial services that solve real-world challenges.

In this video, we are going see how the banks determine loan repayment capacity of the customers before approving their loan applications.
We are going to answer to the question: How much of mortgage loan amount can I afford to borrow. You will see how you can do your self assessment using Microsoft Excel.
You will learn how you can use simple arithmetic operations Addition +, subtraction -, multiplication *, division / and power or exponent **) to build full-fledged mortgage loan calculator in infobasic – the programming language of Temenos T24 core banking system.

Key concepts:
How to calculate the Total Monthly Loan payments
How to conduct a self-assessment using excel
The advantages of self-assessment before submitting a loan application
How to use simple arithmetic operations to build a mortgage loan calculator
Infobasic – Temenos T24 Programming

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Table of Contents:

07:38 - Mortgage Calculator