Mortgage Calculator – Free
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Rating: 5 (3) Cost: Free Downloads: 100 - 500
The neat user-interface lets you examine different input combinations easily.
Calculate: Annual Interest Rate, Beginning Balance, Remaining Balance, Number of Years, Periodic Payment.
Choose from payment frequencies: monthly, semi-monthly, bi-weekly, weekly.
Choose from different calculation methods.
An Amortization Table can easily be generated based on your calculation result.
The Analysis screen shows you: how an increase of periodic payment reduces the time required to pay off a mortgage; and how an increase/decrease of interest rate will change a periodic payment.
The Remaining Balance field brings you extra flexibility.
Download now, and find the right combination of numbers for yourself.
Filed Under: Finance