Canadian Mortgage Payment Calculator 32 calculates and compares Canadian mortgage payments based on various interest rates and loan amounts.
Instead of offering numerous individual calculations, it displays a grid which lets you compare various scenarios. You simply enter a loan amount, the term, and the interest rate, and it automatically displays a 2-dimensional grid showing your payment amount based on various loan amounts and interest rates.
You can specify the increments in interest rates and loan amounts, and you can print the results.
The program is an excellent tool for seeing the effects of differences in interest rates and loan amounts, and is equally useful to consumers and financial professionals.