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Amortization What-If

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  • Category: Finance
  • Released date: 11/10/2010
  • Current Version: 2.0
  • Seller: Enoch Hwang
  • Recommended Age: 4+
  • Download Size: 374610
  • Last Update: 07/22/2011
  • Requirements: iPadWifi, iPad23G, iPad3G, iPad2Wifi

iPad Screenshots

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Dynamic amortization analysis for your home loan payments. You can dynamically perform a "what-if" analysis by making one or more extra payments or change your monthly payments one or more times and see how much interest and time reduction you will save.

Do you want to find out how much money and time you can save by making bi-weekly payments instead of the regular monthly payments?

Do you want to find out how much money and time you can save over the life of your loan by just putting an extra $50 into each monthly payment?

Features:
- BI-WEEKLY payment option
- Full detailed amortization table
- Down payment option in $ or percentage
- Dynamically ADD one or more EXTRA PAYMENTS
- Dynamically CHANGE one or more MONTHLY PAYMENTS
- Optional ESCROW start date to show the current remaining principle balance
- Calculates not only your monthly payment but also HOW MUCH INTEREST and TIME YOU CAN SAVE over the life of your loan when you make extra payments or increase your monthly payments

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