Get a complete estimate of your mortgage expenses, including the annual percentage rate, with this interactive mortgage calculator. Compatible with adjustable, fixed, and interest-only mortgages.
The process of estimating your mortgage expenses can be overwhelming, but it's crucial for making informed decisions when it comes to purchasing property. This is where ARM Mortgage Calculator comes in. Stressful situations are made much easier with the use of this tool.
It allows you to work out exactly how much a mortgage is going to cost you, how much you can afford, and how to optimize your mortgage payments to meet your needs. With the ability to compare offers from different lenders and design your own ideas and suggestions, you'll be well-prepared for your first meeting with a professional mortgage officer.
ARM Mortgage Calculator provides you with a month-to-month report of your repayment progress which includes detailed information about the rate, principal and interest payments, extra payments, totals per year, and balance. The effect of adjusted interest rates or extra payments will be immediately noticeable in the dynamically updated fields of the report.
This tool also allows for the analysis of fixed rate, adjustable rate, and interest-only mortgages, including the annual percentage rate. The interface design is not only reliable, but also elegant and convenient. Users can minimize unnecessary information blocks and focus on what's most important for the specific mortgage being analyzed.
Additionally, a complete payment plan throughout the whole term of the mortgage is provided in one expandable table. With a single mouse click, users can access any year of their mortgage and view details on every month's payment. This tool also has built-in appearance styles that allow for customization to match your current OS theme.
Overall, ARM Mortgage Calculator is a great tool for anyone looking to estimate their mortgage expenses and make informed decisions when it comes to purchasing property.
It allows you to work out exactly how much a mortgage is going to cost you, how much you can afford, and how to optimize your mortgage payments to meet your needs. With the ability to compare offers from different lenders and design your own ideas and suggestions, you'll be well-prepared for your first meeting with a professional mortgage officer.
ARM Mortgage Calculator provides you with a month-to-month report of your repayment progress which includes detailed information about the rate, principal and interest payments, extra payments, totals per year, and balance. The effect of adjusted interest rates or extra payments will be immediately noticeable in the dynamically updated fields of the report.
This tool also allows for the analysis of fixed rate, adjustable rate, and interest-only mortgages, including the annual percentage rate. The interface design is not only reliable, but also elegant and convenient. Users can minimize unnecessary information blocks and focus on what's most important for the specific mortgage being analyzed.
Additionally, a complete payment plan throughout the whole term of the mortgage is provided in one expandable table. With a single mouse click, users can access any year of their mortgage and view details on every month's payment. This tool also has built-in appearance styles that allow for customization to match your current OS theme.
Overall, ARM Mortgage Calculator is a great tool for anyone looking to estimate their mortgage expenses and make informed decisions when it comes to purchasing property.
What's New
Version 1.1:
Adjustable Rates support
Interest-Only Mortgages
Office 2007 Look & Feel
Windows Vista support