Amortization Schedule Calculators

bankrate mortgage calculator

The following are some of the best and most popular amortization schedule software applications, and websites that offer net-based amortization schedule tools on the web.

Bankrate.com ( http://www.bankrate.com/brm/amortization-calculator.asp ) has an amortization schedule bankrate calculator that calculates your monthly home loan payment and shows you the impact of extra home loan payments on your loan and creates an amortization table. You’ve got to enter the mortgage amount, mortgage term, interest rate, mortgage start date and regular payments in the input boxes before your amortization schedule can be generated.

Loanamortizer.com is a loan amortization and loan management software internet site. It offers a downloadable evaluation product called LoanAmortizer ( http://www.loanamortizer.com/_en/download/ ). The application employs features such as drop-down menus to enter details such as amortization technique, contract date and IR types to calculate amortization schedules.

Math.about.com has an Amortization calculator ( http://math.about.com/library/blamort.htm ) for computing your mortgage when you enter predicted quantity of house, quantity of deposit, forecasted interest rate, anticipated length of loan, in years, and start date of loan - a particularly friendly interface which is quite simple to use.

Pine-grove.com has a calculator called ‘Flexible Amortization Schedule’. ‘Flexible’ because any attribute can be changed according to one’s wish. For example, rates can be changed to create ARMs, change payment amounts or skip payments ; and the amortization can be copied and published. Analysis copies of their Amortization Schedule products - AmortizeIT ( http://www.pine-grove.com/downloads/amortizeit.htm ) and SolveIT ( http://www.pine-grove.com/downloads/solveit.htm ) - can be downloaded for free.

HSH Associates ( http://www.hsh.com/calc-amort.html ), a consumer loan information website, features an amortization calculator to generate an amortization schedule ( by month or by year ) as well the regular payment for a mortgage paid either monthly or bi-weekly. It is also capable of demonstrating the effect of paying in advance your mortgage on an irregular or regular basis. There’s also a JavaScript version available.