Amortization and Annuity Calculations Amortization and Annuity Calculations - calculate monthly payments for a mortgage loan, display the amortization schedule
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Amortization and Annuity Calculations Description

Amortization and Annuity Calculations will calculate monthly payments for a mortgage loan, display the amortization schedule, and determine your savings from prepayment. You will find out your yearly interest cost and principal balance. You can also figure out the future value of regular deposits or of a single deposit and calculate how much you should save to meet a future objective. ￭ Did you know that you can become a MILLIONAIRE by investing $180 Dollars per month at 14% interest for 30 years? That is $45 Dollars per week... about the price of a restaurant dinner and a movie. ￭ Did you know that by paying $10 Dollars extra per month you can save over $10,000 Dollars on a 30-year, $100K mortgage at 8% and pay it off one year and a half sooner?

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