Mortgage & Loan Calculator Analyzer

Description

Calculate and analyze mortgages and loans in outstanding detail. The Mortgage & Loan Calculator Analyzer is a utility program designed to help borrowers organize and track their mortgages in outstanding detail. It can also be used for other types of loans, but was intended originally for mortgages. Although this is a strong software with features beyond what you will find elsewhere on the web for free, it is still easy-to-use for the novice program user and mortgagee.The software, in its basic form, works like most any mortgage calculator. You can enter the information for your mortgage including data such as the term of the loan (number of years), the total principal you borrowed, the interest rate, the payment cycle (the software assumes each month, but you can change this around), and the compounding period of the mortgage (again the software assumes 12 months). The program will then calculate the monthly payment from this data. It will also generate an amortization table showing you the interest and principal paid for each payment over the life of the mortgage.Mortgage & Loan Calculator Analyzer Features:
1. Multiple mortgages: allowing you to try out different payment options or interest rates to see how they affect your pay off date
2. Amortization table can be generated for both annual data as well as all date (every payment throughout the life of the mortgage).
3. Add in home insurance, PMI, and property taxes to figure the payment you will make to your mortgage company.
4. An easy and quick extra payment option that automatically adjusts each payment and calculates the new mortgage pay off date
5. Numerous payment cycle and compound type options including monthly, bi-weekly, bi-monthly, annual, and bi-annual.

Debt - Management - Tool - Credit - Card - Reduce - Eliminate - Owe - Loan

Published By:debtmanagementtool.com

License Type:Freeware

Date Added:03 June, 2012

Version:2.1

Price:Free

Downloads:6

Size:929.3 KB

Platform: Macintosh

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