Mortgage Calculator is a straightforward and reliable finance solution especially designed for users who need to quickly calculate and manage their mortgage and amortization payments with ease.
Its purpose is to give you a hand when it comes to calculating and analyzing your payments, based on specific parameters such as loan amount, amortization and purchase price.
Intuitive and user-friendly interface
Once Mortgage Calculator is launched, you will notice that its main window is clean and easy to work with, as it automatically calculates all the necessary payments. It estimates your monthly home mortgage payment, interest rate and displays you the amortization rate.
Considering that with each payment that is performed you will reduce the interest on the loan, you will surely find the ‘Amortization Table’ very useful.
The left panel enables you to input basic information such as purchase price, financing LTV (Loan-To-Value), rate and the time necessary to pay your mortgage. After that, you will notice that the other tabs, including ‘Loan Amount’, ‘PMT’, ‘Amortization’, ‘Total Interest Paid’, ‘Total Yearly Payment’ and ‘Disposing Mortgage Balance’ are automatically calculated.
Export the documents' content to Excel or PDF
Although menus are not presented in the main window of the application, you can easily export your payments and amortization tables to output formats such as XLS or PDF. On this manner, you can access the generated files from any output device or computer that contains proper apps able to open such documents.
An efficient mortgage calculator and analyzer
To conclude, Mortgage Calculator proves to be a steady and effective solution when it comes to calculating all the mortgage and amortization payments, based on the rate percentage and purchase price.