Mortgage Loan Calculator Plus 2.0

Mortgage Loan Calculator Plus 2.0 is a free program featuring a collection of mortgage and general mathematics calculators. Amortization schedule creator - Create a customizable amortization schedule for your mortgage loan. Supports adjustable rate mortgages, Canadian mortgages, multiple payment frequency options, amortization schedules based on 360 (30/360 method), 365 (actual/365 method), or exact number of days in each year (actual/actual method), interest-only mortgage amortization. Basic Calculator Plus - This built in calculator handles multiplication, addition, subtraction, and division as one might expect. Also, through the use of its "Multi" button -- which is short for multi-function -- can find square roots, power of (finds the result of a number raised to the exponent power). Also, computer storage (for example: converts kilobytes to megabytes), area, length, volume, weight, speed, energy, pressure, and power conversions. Converts Celsius to Fahrenheit, Fahrenheit to Celsius, Kelvin to Fahrenheit/Celsius, and solves common percent problems. Calculation results are displayed in a "visual" window for easy tracking. Mortgage loan qualification formulas - Helps estimate debt-to-income ratio and housing expense for a conventional mortgage loan and a Federal Housing Administration (FHA) mortgage loan. Mortgage Refinance formulas - Estimate loan-to-value ratio for refinancing. Also, includes a simple mortgage refinance cost recovery estimator. Interest-Only Mortgage - Estimate the size of an interest-only mortgage payment for any loan amount. Multiple interest formulas - Handles simple interest, simple interest future and present value, and compound interest. Annuity formulas - Present and future value for ordinary annuities, annuity due present and future value. Perpetuity calculation also supported.