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Mortgage SIM 2.1
(For SmartPhone)
Simulate mortgage and loan scenarios to track new and existing mortgages and to find the best payment options.
Now with NEW WM
5.0 features and WM 6.0 support:
-
email Timelines and Comparisons to
your contacts
- email to your PC for
printing
Interest rates are low. Now is a great time to refinance your mortgage.
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Downloadable Price:
$29.99*
For
Windows Mobile SmartPhone
2003, WM 5.0
and WM 6.0 devices (also supports landscape devices like Motorola Q, Samsung Blackjack and the Dash):
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Bankers, home buyers, students, and real-estate
agents can save time and money by evaluating different payment options when
using this powerful decision tool.
Timeline and graphing features help you
see the impact of lump sum payments, changes in interest rates and
renegotiating part-way through the term.
Version 2.1 supports:
- greater user configurability
- lump sum or balloon payments
- repeating lump sum payments
- variable rate mortgage comparisons
- refinancing or payment adjustments
- configurable and custom comparison scenarios
- timeline graphing
- greater variety of payment frequencies:
- Annual
- SemiAnnual
- Quarterly
- Monthly
- SemiMonthly
- Weekly
- Daily
- rounding up of payments to nearest cent,
nickel, dime or dollar
- calculation of any one of the four base
mortgage variables from the other three
- optional setting makes calculating Canadian
style payments a breeze
Three common “Fast-Pay” methods are used to provide comparative payments for Weekly, Bi-Weekly and Semi-Monthly payment
schedules. So, in a glance you can easily compare and analyze the savings and term lengths of a wide variety of user-configurable, alternate payment approaches.
The flexibility of this tool also allows prospective buyers to calculate the size of mortgage that they could afford based on a predetermined monthly payment, rate and term.
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The program calculates payments for virtually any term, any rate, and any principal mortgage amount.
If
you need more information, this program also generates detailed Amortization Schedules for any of the different payment option scenarios.
Modifying and reworking any scenario can be as simple as adjusting one of the mortgage factors.
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* All prices are in US dollars
Copyright © 2007, Visual Byte Inc.