Efficiently manage mortgage payments with a feature-rich software that calculates the fourth figure using three given inputs. Supports various mortgage types and generates animated 3D graphs, custom notes, printouts, breakeven points, and more to optimize financial planning.
The program comes with many new features and enhancements that make it one of the most highly sought-after mortgage amortization programs in the market. Its functionality allows you to enter any three figures, and it will compute the fourth. This includes the amount financed, payment term, interest rate or payment amount.
The mortgage amortization program caters to a wide range of mortgage needs, including fixed, variable, Canadian, biweekly, and other types of mortgages. It also compounds daily, weekly, bi-weekly, half-monthly, four-weekly, bi-monthly, quarterly, semi-annually, or annually. You can also display and print annual subtotals.
AprCalc is designed for professional use and produces high-quality printouts that can be customized with your own logo and text if you're a registered user. It also supports APR calculation, including odd days interest, closing costs, and points.
A notable feature of the program is that it saves scenarios in files and password-protects them (40-bit), providing security for your information. It also comes with prepayment options that allow you to compare effects on payments, compute the amount necessary to shorten the term to a specified number of payments, display how much interest would be saved, and more.
The software's wizards provide step-by-step instructions, and tooltips are used to provide formats and examples. It checks for new versions automatically, supports infinite undo/redo, auto-save, animated 3D graphs, and a payment grid (rate vs. principal). You can also export to Excel (XLS) or comma-separated (CSV) files.
The mortgage amortization program is continuously supported by the same author since 1993, and you can trust it to provide automatic conversion from all previous versions of AprCalc. You can also install and un-install via InstallShield, and a detailed help file is included.
Overall, AprCalc is an exceptional mortgage amortization program that provides exceptional functionality, outstanding user-friendliness, and a polished user interface. It is a must-have tool for anyone looking to manage their mortgage effectively.
Version 4.0: N/A