****Mortgage Calculator****

p*r(1+r)^n
m = ----------
(1+r)^n-1

OR

p*r
m = ----------
1-(1+r)^-n

p = principal loan amount...

r = your monthly interest rate...
we have to convert it into decimal first...
and then we have to divide it by 12(number
of months in a year)...
n = number of payments over loan's lifetime...
we have to multiply the number of years into
12 (ex. we have to pay till 30 years so, 12*30
is equals to 360 months)...
this methodology helps to get the number of months
of loan paymenthave during the lifetime of loan...