Mortgage and Loan Calculator Analyzer 1.1
Mortgage and Loan Calculator Analyzer - 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). The program will then calculate the monthly payment as well as produce an
amortization table showing you the interest and principal paid for each payment. Key to the heart
of the mortgage program is the ability 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. Other features include: multiple mortgages, allowing you to try out different payment
options or interest rates to see how they affect your pay off date; amortization table option to
show every payment or just an annual summary; final payment figure with PMI, home owners insurance,
and property taxes; a simple extra payment parameter that automatically adds to every monthly
payment and refigures the mortgage pay off date; various compounding and payment cycle options
including monthly, bi-weekly, bi-monthly, annual, and bi-annual. The user interface is simple and
easy to use allowing even a novice to analyze their mortgage.
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