Added Payment Amortization + 1.2
This program is a version of an added payment schedule that demonstrates the effect of added payments to reduce the term of a loan and also reduce the amount of interest paid. It will run under Win 95, 98, XP, & 2000. By making additional principal payments when paying yourmonthly mortgage, you will reduce the term of the loan and gain equity in your home at a faster pace. If you decide to utilize this method of payment, be sure that the bank or other lending institution
credits the amount against the principal of the loan each month. Printouts are professional looking and may be used by financial planners as they contain a "prepared by:" area and may be useful for advising a client on this method of mortgage payment by demonstrating to them the effect this type of payment has on the term of the loan as well as the total amount of interest paid.
|
Related Tags
Related Downloads
Visual Mortgage Loan Calculator 1.31Visual Mortgage Loan Calculator is an easy-to-use tool intended to calculate mortgages repayments and create amortization table in a simply way.... |
Loan Calc 2.2Loan Calc is an easy-to-use tool intended to calculate loans and mortgages repayments in a very simple way. Loan Calc calculates repayments amount,... |
Real Estate Calculator Suite 4.4If real estate and mortgage math stress you, Real Estate Calculator Suite is the help you need! |
Manny's Simple Finance Program 1.03Manny's Simple Finance Program is an always-editable report for entering, editing, and displaying financial information in a versatile and... |
The Mortgage Toolbox 2.1.1.43Extremely easy-to-use and accurate mortgage calculators are finally here. Calculate your total house payment including taxes and insurance. No more... |
iCash 3.2.1iCash is a software intended to control your personal finance, keeping track of incomes, expenses, credits, debts and Banks transactions for you.... |
Free Loan Calculator 3.1This free loan payment calculator for Windows allows you to quickly calculate loan payments based upon variable payment frequency! Offers Daily... |
Free Mortgage Payment Calculator 3.0This free mortgage payment calculator for Windows allows you to quickly calculate mortgage loan payments. Free Mortgage Payment Calculator is a... |