It is a versatile, practical and easy to use Mortgage Calculator.
Most Mortgage Tables and Calculators take the Mortgage Amount, Term and Interest Rate
and calculate the Monthly Payment. Our Mortgage Calculator can do BETTER!
In addition to calculating payment in Monthly, Semi-monthly, Bi-weekly and Weekly frequencies,
it can also calculate the Term, Interest Rate or the
Mortgage Amount, if the other known parameters are entered.
In all calculations it displays what would the semi-monthly, bi-weekly and weekly payments be.
It displays interest paid for any selected period. This feature allows you to demonstrate
the amount of saving in interest cost resulting from selecting a more frequent payment schedule.
It shows balance of mortgage outstanding at any given date.
It calculates and displays current portion and long-term portion of the outstanding
balance - at any date.
It generates amortization schedules for monthly, semi-monthly, bi-weekly and weekly mortgages.
LAST BUT NOT LEAST!!
Automatically, generates professionally prepared letters in MS Word
and HTML addressed to your client.
Price: CDN $19.90 FREE