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User Rating: Rated by: |
Fair (2.6/5) 17 user(s) |
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Mortgage Advisor description |
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Mortgage Advisor - Calculate, analyze and optimize your mortgage and learn how to pay it off sooner Mortgage Advisor is a powerful and easy to use application that allows you to calculate, analyze and optimize your mortgage.
One of Mortgage Advisor's most useful features is the ability to demonstrate the effect of additional payments on your mortgage. By using this feature you can learn how to pay off your mortgage sooner and save money at the same time.
Mortgage Advisor also provides a detailed schedule of your mortgage over time. This allows you to see how each payment you make will affect your mortgage. You can see how much of each payment actually goes towards reducing capital and how much is just paying off interest.
You can also perform "What If?" calculations on your mortgage. This means that you can calculate the mortgage amount, interest rate, period or repayment. Mortgage Advisor also includes a graph showing the breakdown in cost of your mortgage, and a mortgage grid showing interest rates and amounts around your mortgage so you can see the difference in mortgage payments.
Mortgage Advisor supports 8 different payment and compounding periods and can handle mortgage's paid in both arrears and advance.
Here are some key features of "Mortgage Advisor":
· A graph showing the breakdown in cost of your mortgage. · A mortgage grid, showing interest rates/amount around your mortgage so you can see the difference in mortgage payments. · Ability to perform "What If?" calculations on your mortgage. This means that you can calculate the mortgage amount, interest rate, period or repayment. · 8 different payment and compounding periods.
Limitations:
· Demo Version will run only 10 times · 30 days trial.
What's New in This Release:
· Added "What If" calculations allowing mortgage period, payment, interest or principal to be calculated.
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