This program is an added payment schedule that demonstrates the effect of added payments to reduce the term of a loan and also reduce the amount of interest paid. By making additional principal payments when paying yourmonthly mortgage, you will reduce the term of the loan and gain equity in your home at a faster pace. If you decide to utilize this method of payment, be sure that the bank or other lending institution credits the amount against the principal of the loan each month. Printouts are professional looking and may be used by financial planners as they contain a prepared by: area and may be useful for advising a client on this method of mortgage payment by demonstrating to them the effect this type of payment has on the term of the loan as well as the total amount of interest paid.
Added Irregular Payments 1.2 This program is an added payment mortgage amortization schedule. It may be used to track an existing loan where you have made added payments to the principal amount due each or...
Mortgage Minder 4 Mortgage Minder 4.0 is one of the most easy to use; feature rich mortgage calculators you can buy. It calculates extra principal payments, different compound periods, variable interest rates, interest free periods, and balloon payments with ease. ...
Added Payment Amortization + 1.2 This program is a version of an added payment schedule that demonstrates the effect of added payments to reduce the term of a loan and also reduce the amount of interest paid
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