Software related to mortgage
This program is 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. You will reduce the term of the loan and gain equity in your home at a faster pace.
This program is a balloon payment schedule that demonstrates the effect of reducing initial payments and either making a large payment at the end of the balloon period or refinancing the loan.
This program is a mortgage refinancing evaluation. When current mortgage interest rates are 2 or more percentage points below your existing rate, it may be advisable to refinance.This analysis shows whether it is to your advantage to refinance.
This program is a biweekly payment schedule that demonstrates the effect of reducing the term and interest amount of a loan. By making a loan payment every two weeks of half of the monthly payment, 26 payments are made each year.
This program is a standard loan payment schedule that may be used for any type loan where simple interest is the type used. It is not limited to mortgage loans. The amount of interest paid during any calendar year is also calculated.
This software tool helps to compute and analyze all sorts of factors in mortgages and loans. You can try out early payments to see how they will impact your interest payments as well as your payoff date. Test out various loan and payment scenarios.
programs include:added payment,ballooon amortization,biweekly amortization, 15vs30 year mortgage,loan amortization,maxmortgage,refinance it?,&variable rate mortgage
Confused about ""Teaser Rates"", maximum annual interest rate increases and maximum interest rate for the term of the loan? This program is a variable rate mortgage loan schedule.
Mortgage loan income and amortization management ... track monthly, biweekly, weekly or random mortgage payments ... provisions for penalty or late fees, additional principal, apply escrow taxes and or insurance payments received and disbursed.
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