Preparing mortgage amortization schedules, customized for any payment or interest amount for clients considering a refinance, adding principal to their payment, or considering the purchase of another home.
For example, you can get out your
home mortgage amortization schedule, and input the estimated amount of each year's liability into the manual override column (as shown in the demo on column H).
First, look at
your mortgage amortization schedule to see the total amount of principal and interest you'll pay.
To use our amortization calculator, please fill out all fields and press the calculate button and
your mortgage amortization schedule will open up in a new window.
But now however look at
your mortgage amortization schedule at 175k and compare it to 200k and see how much goes to principle and how much goes to the bank for interest.
For example, a 30 - year - old male who is a non-smoker might pay a premium of $ 25 per month throughout the life of a 15 - year $ 200,000 decreasing term policy, customized to parallel
a mortgage amortization schedule.