Mortgage & Loan Calculator Analyzer 1.1
Mortgage & Loan Calculator Analyzer 1.1 Ranking & Summary
Mortgage & Loan Calculator Analyzer 1.1 description
The Mortgage & Loan Calculator Analyzer is designed to help you track in great detail several mortgages and loans. On a basic level, the program acts as a mortgage calculator allowing you enter basic mortgage parameters like principal, interest rate, payment cycle, compound rate, and term (years).
Mortgage & Loan Calculator Analyzer will then calculate the monthly payment as well as produce an amortization table showing you the interest and principal paid for each payment. A very useful feature is the possibility to adjust any payment throughout the course of your loan.
For example, you can enter in an additional $1000 payment for January 2008 and then $700 for August 2008. The program will then show how this affects the mortgage amortization and final pay off date for the loan.
- Multiple mortgages: allowing you to try out different payment options or interest rates to see how they affect your pay off date
- Amortization table can be generated for both annual data as well as all date (every payment throughout the life of the mortgage).
- Add in home insurance, PMI, and property taxes to figure the payment you will make to your mortgage company.
- An easy and quick extra payment option that automatically adjusts each payment and calculates the new mortgage pay off date
- Numerous payment cycle and compound type options including monthly, bi-weekly, bi-monthly, annual, and bi-annual.
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