Amortization Schedule Calculator 1.1
A Valuable Amortization Schedule Calculator.
The monthly view of the amortization schedule shows each monthly payment for the duration of the loan, including the principal amount, interest amount, and remaining balance after that payment is applied. The yearly amortization schedule displays the total interest and principal paid each year of the mortgage, as well as the remaining balance at the end of each year. Both the monthly and yearly screens display a summary of the loan, including total interest paid, total payments, and final payment date.
The amortization calculator is a valuable tool for estimating the amount of loan you can afford. You can quickly adjust the loan amount until the monthly payments will fit comfortably into your budget, and can vary the interest rate to see the difference a better rate might make in the kind of home you can afford. And since the Amortization Calculator is online and free, you can figure out your own budget before you ever have to deal with a bank or mortgage broker.
can also add the Amortization Calculator to your web site. If you are a realtor or mortgage broker, or otherwise deal with loans on a regular basis, this is a great free tool to help give your site visitors a good idea of their budgets, help them understand how their amortization schedule will work, and let them know that you want them to have all the information and tools they need to make a good mortgage decision.
note that the Amortization Schedule Calculator 1.1 should be used only for estimation purposes, since its amortization calculations do not include taxes, PMI (Private Mortgage Insurance), or other escrow payments.
, CT — December 9, 2005 — borrowers now have a new place to turn when seeking financial lending assistance. Amortization-Calc. recently made its Internet debut with the aim of arming would-be borrowers with the information they need to make solid loan decisions. With a user-friendly Amortization Schedule Calculator [amortizationschedulecalculator1.1.exe] built right in, the site affords visitors the capability of simply plugging in their loan details and instantly receiving an at-a-glance breakdown of their repayment schedule. Individuals who are considering or are in the process of comparing lending institutions will find plug-and-click assistance online at www. -Calc. .
years of remaining in the attractive 5% window, interest rates are now on the rise, with no end in short sight. According to a recent, Los Angeles Times article, economists predict that 30-year mortgage rates will hit 7% as soon as late 2006. According to a December 2, 2005, BankRate. weekly national survey of large lenders, the current average 30-year fixed rate mortgage just increased from 6. % to 6. %. As a result, money borrowers are becoming more selective in their choice of lenders. Now more than ever, they’ embracing the concept of comparative shopping and doing their homework before signing on the dotted line.
-Calc. makes shopping around for the best loan schedules as simple as plugging in a few numbers and pressing the “ ” button. With the loan amount they’ seeking, potential lenders’ current interest rates, the desired loan term and the loan’ start date at the ready, visitors to the site can quickly discover, by month or by year, precisely how much of their repayments will go toward interest versus principal and what the balance of the loan will be following each installment.
breakdown process is rather eye-opening and can save the would-be borrower from the “ shock” associated with signing a loan agreement before first doing his or her repayment homework. For example, Amortization-Calc. reveals that a 30-year $100, 000 mortgage at the current average interest rate will result in a repayment schedule totaling $224, 240. , meaning that over the course of the loan, the borrower will end up paying back more than twice the amount he or she was lent.
+99 (897) 154-2974www. -calc.
What is new in official Amortization Schedule Calculator 1.1 software version? - Improved user interface. What is expected in the future? Newly-made Amortization Schedule Calculator 1.2 be downloaded from current page, we also looking forward to unconfirmed 1.3 release build. You may download widgets.php directly, estimated download time by ISDN or CDMA [~128 kbit/s] is 0:00:06. Just write the reviews of the Amortization Schedule Calculator. System requirements are PHP 4.0. Program has been scanned and verified by the several antivirus and anti-spyware applications and Amortization Schedule Calculator found to be clean. No guide or Amortization Schedule Calculator tutorial available. The following languages are supported by Amortization Schedule Calculator: English.