| Publishers Description
This Canadian mortgage calculator is a
Microsoft Excel spreadsheet that creates an amortization schedule for a
fixed-rate Canadian mortgage loan, with optional extra payments. The
outstanding balance and total interest at the end of a specified term is
calculated, along with the total interest savings for the chosen
prepayment schedule. The compound period for a Canadian mortgage is
semi-annual, but this calculator also gives the option of specifying an
annual, semi-annual, or monthly compound period.
Use the calculator to compare different amortization periods, terms,
mortgage rates, loan amounts, and prepayment plans. Payment frequency
options include: annually, semi-annually, quarterly, bi-monthly,
monthly, semi-monthly, bi-weekly, and weekly.
Features:
* - Virus Free!
* - No installation, no macros, no ads
* - Save your calculations by saving a copy of the spreadsheet
* - Get help with terminology using the cell comments
* - Complete flexibility in making prepayments
Download Now! |
