Mortgage Calculator software helps users calculate conventional and interest-only mortgages, adjustable rate mortgages, and provide annual percentage rate information for borrower payments on-the-go.
Mortgage loans are the foundation of home buying and homeownership. To ensure accurate mortgage loan calculations when purchasing real estate, especially with the plethora of mortgage types and payment options, Mortgage Calculator is the go-to affordable and user-friendly alternative for full insight on long-term payment schedules.
Designed in a modern and familiar Office 2007 style, Mortgage Calculator offers a multitude of features to help users plan their payments in advance and anticipate their financial state 10 years from the present. The program enables the calculation of conventional and interest-only mortgages with the same intuitive tools, showcasing the full payment plan for the loan period.
With built-in support for adjustable rate mortgages, Mortgage Calculator provides data about annual percentage rates in regard to the closing payments made by the borrower. It is easy to work with this program - all mortgage data are presented on the right pane of the program as an expandable table. Furthermore, a single mouse click gives access to any year of the mortgage with detailed per-month information, such as rate, principal, interest, extra payments, total per year, and remaining balance.
Users can change the interest rates and specify projected extra payments that will affect the loan total. The program's interface is lightweight and flexible, allowing users to minimize unnecessary information blocks and focus on what's vital at the moment. As a result, users can also work with multiple mortgages and easily switch between them.
Mortgage Calculator performs all calculations on-the-fly, providing convenience to users. There are also various built-in styles available, allowing users to adjust the appearance of the program to align with their current OS theme. Overall, Mortgage Calculator is an elegant, user-friendly, and cost-effective tool for mortgage calculations.
Designed in a modern and familiar Office 2007 style, Mortgage Calculator offers a multitude of features to help users plan their payments in advance and anticipate their financial state 10 years from the present. The program enables the calculation of conventional and interest-only mortgages with the same intuitive tools, showcasing the full payment plan for the loan period.
With built-in support for adjustable rate mortgages, Mortgage Calculator provides data about annual percentage rates in regard to the closing payments made by the borrower. It is easy to work with this program - all mortgage data are presented on the right pane of the program as an expandable table. Furthermore, a single mouse click gives access to any year of the mortgage with detailed per-month information, such as rate, principal, interest, extra payments, total per year, and remaining balance.
Users can change the interest rates and specify projected extra payments that will affect the loan total. The program's interface is lightweight and flexible, allowing users to minimize unnecessary information blocks and focus on what's vital at the moment. As a result, users can also work with multiple mortgages and easily switch between them.
Mortgage Calculator performs all calculations on-the-fly, providing convenience to users. There are also various built-in styles available, allowing users to adjust the appearance of the program to align with their current OS theme. Overall, Mortgage Calculator is an elegant, user-friendly, and cost-effective tool for mortgage calculations.
What's New
Version 1.0:
ARM mortgages
Interest-only Mortgages
APR calculations
Office 2007 Look & Feel
Windows Vista support