ARM Mortgage Calculator 1.1

ARM Mortgage Calculator 1.1 is a great software able to calculate  the costs of even the most nonstandard mortgage programs with rates subject to irregular changes, which can support extra payments of all sizes, single and recurring. The Interest-Only period of any length and payment frequency is customized with an adjustable rate and extra payments.

It’s a proven fact, that a mortgage with the lowest rate may not always be the best choice. To assist your decision, the Calculator itself suggests the most efficient rate for the Closing Costs entered, including the loan origination fees, points etc. However flexible and multifunctional the Mortgage Calculator is, it can just as well be used for less complicated calculations. All you have to do is fill out the relevant fields. No calculate button! The dynamically updated results of the calculation respond immediately to any change in the data input. The contemporary Vista and Office 2007 based look of the program delivers the true and thorough account of your mortgage options in the most optimized manner.

Major Features:

1. ARM Mortgage Calculator provides you with a month-to-month report about your repayment progress detailed with information about the rate, the principal and the interest payments, the extra payments, the totals per year, and the balance. The effect of the adjusted interest rate or extra payments will be immediately noticeable in the dynamically updated fields of the report.
   
2. Fixed rate, adjustable rate and interest-only mortgages can be analyzed to their full extent, including the annual percentage rate.
3. In addition to being a reliable tool, ARM Mortgage Calculator is distinguished by its elegant and very convenient interface design. You can minimize unnecessary information blocks and focus on whats really important for the mortgage you are analyzing.
   
4. A complete payment plan throughout the whole term of the mortgage is in front of your eyes in one expandable table.
   
5. A single mouse click gives you access to any year of your mortgage and allows you to view the details on every months payment.
   
6. The built-in appearance styles let you change the looks of the program to match your current OS theme.

• Adjustable Rates support
• Interest-Only Mortgages
• Office 2007 Look & Feel
• Windows Vista support