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Mortgage Amortization Schedule
This file allows you to calculate amortization schedules for four different compounding frequencies: Annual, Semi-annual, Bi-weekly and Monthly compounding, In addition four different payment options can be selected and schedules printed. This therefore gives 16 different payment options. After entering the basic loan particulars you can view the effect of different payment options and/or compounding periods. The amortization schedule, allows you to illustrate the distribution of payments between interest and principal. Some planners charge $10.00 for each schedule provided to the client, as these are often not readily available from their bank. To enter a payment that is different from the calculated amount just type over the payment cell.
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