Copyright (c) 2008
All Rights Reserved

amortization.com
Burlington, Ontario
CANADA

905-639-3619

info@amortization.com

MORTGAGE2 PRO 5.1
for Windows 95/98/NT/2000/Me/XP

MAIN FEATURES
A mortgage calculator and amortization spreadsheet on the same screen. The mortgage calculator automatically calculates missing information. This is the 3 out of 4 feature. Type in any three of the first four items in the mortgage calculator and the remaining item is calculated. Change just one item and you can decide which of the remaining items to recalculate.

PRICE (All taxes included)
$39 - You download the file. Unzipping Password will be provided over the telephone once credit card authorization clears.

$59 - Program will be mailed (first class) on an auto-install CD.

(Click here to download)

(Click here to order)

(Click here to download free tutorial)

DESCRIPTION
QUESTION: How much could you borrow at 5.1234% over 29 years paying back blended payments of $1500 per month? ANSWER: $271,562.95 and the interest cost for that loan is $250,437.20 almost the same as the mortgage.

(Screenshot 1)

The ability to directly change spreadsheet payment dates and insert an infinite number of extra dates for extra payments or extra positive or negative prepayments (as in a builders loan advance). Automatic interest rate differential (IRD) calculation if renewing a mortgage before the term expires (for Canadians).
Verifying ARMs (Adjustable Rate Mortgages) is as easy as typing in the new interest rate into the amortization spreadsheet schedule for the upcoming period and the entire schedule is automatically recalculated. All spreadsheet partial totals and yearly totals are shown on the screen and printed in addition to a cumulative interest paid column. The totals for interest and principal for payments 4 to 9 are $3,683.02 and $1,147.70 respectively. You just highlight the area you want totaled.

(Screenshot 2)

Easily change payment frequency at any time in the spreadsheet schedule and continue on with the same amortization schedule.
Complete flexibility in changing a spreadsheet schedule after it has been generated by the calculator as shown in Screenshot 3 below.

(Screenshot 3)

Choose any combination of payment frequency and compounding frequency. For example, you could have quarterly blended payments with weekly compounding.

(Screenshot 4)

(Screenshot 5)

To use the program you first assume you are going to generate a normal amortization schedule based upon the information you type in the mortgage calculator. Just like any other mortgage calculator a zero input cannot be entered. Once the mortgage calculator information is entered or changed then immediately below, the spreadsheet schedule will be generated. You then enter the spreadsheet, via the mouse, to make all changes, if required.

(Screenshot 6)

You can change any payment date in the amortization schedule spreadsheet after it has been generated, as many times as you want. You can change any payment date in the schedule and each subsequent date automatically. Late payments are easily handled by changing the date directly on the schedule and inserting a penalty (as a negative prepayment) if required. For example, you may want to change the payment date from the first of the month to the 15th day of the month and then all subsequent payments to be on the 15th of each month. This is performed with two clicks of the mouse. It will allow an infinite number of extra payments or prepayments to be inserted between regular payments. Rows can be added (inserted) or deleted via the click of an icon. It will allow an interest adjustment date in addition to the advance date. It will allow fonts, colours and attributes for each cell in the amortization schedule (spreadsheet) to be changed. All changes are automatically coloured for easy reading of a schedule. All amortization schedules are saved as standard Windows files with the extension ".m2p". File names up to 128 characters thus retrieving saved files is easy. Interest factors are available in a pop up window. Interest Rate Differential (IRD) calculations are automatically performed (for Canadians) if a renewal is done before the term expires. Yearly totals are shown and printed for all columns. A cumulative interest paid column is shown on the screen and the printed schedule. All columns and rows can be adjusted in size and fonts.

(Screenshot 7)

40 YEAR MORTGAGE INTEREST SAVING TIP

40 YEAR MORTGAGE QUICK ANALYSIS

ENERGY SAVINGS TIP