【實用財經app】Amortization Pro|最夯免費app-綠色工廠好玩App

Although our app is a general-purpose loan calculator, we have named it Amortization Pro because the heart of every loan is an amortization schedule.For most people a home and its corresponding mortgage is the biggest investment of a lifetime. An amortization schedule – an accurate and proper amortization schedule – is like a financial road map that shows one how to arrive at a debt free destination. An amortization schedule is a chronological record of all payments. It shows the portion of the payment that is interest and the portion of the payment paying down the principal in addition to the balance owing after that payment. Often a lender will round up the payment thereby making the amortization period smaller and thus the “standard” amortization schedule from some calculators is not accurate. Standard financial calculators and most mortgage apps use algebraic equations to calculate totals and interest. Amortization Pro generates an internal amortization schedule for every calculation. (It has been highly optimized to perform these calculations very quickly). This is the only accurate way to calculate mortgage payments.When considering a loan it is important to perform what-if scenarios. Amortization Pro allows you complete flexibility to calculate the payment, amortization period, interest rate or the principal. When any three of these four variables are entered the remaining one is automatically calculated. This lets you optimize your loan based on your particular needs. It also allows for a greater understanding of how the loan calculations work.Amortization Pro allows you to make monthly, biweekly and weekly payments. You can compare a monthly loan and a weekly or biweekly loan on one simple screen to see your interest savings. The app allows amortization schedules for both American and Canadian mortgages to be calculated. All loans are stored in an internal database and can be retrieved at any time and each loan can be assigned a loan name and a description. In addition, loans, including their full amortization schedule can be emailed in PDF format.FeaturesHighly accurate calculations- Keep your bank honest! Loans are based on an editable amortization schedule- Supports adjustable or variable rate mortgages. - Can enter additional payments (balloon payment, prepayment).- Add notes to any payment.Unique feature: 3 out of 4- Calculate any of the four loan variables (Principal, Interest rate, Amortization Period, Payment) from the other threeCompare loans - Easily determine the best optionLoan options include support for- Monthly, Weekly and Biweekly payment periods- American and Canadian mortgages- Exact Day monthly payment schedule- Interest adjustment calculation (if the loan is advanced on a date not coinciding with the regular payment date)- All common rounding modesSave and name loans- Limited only by the memory of the deviceIncludes help screensAdvanced FeaturesExact Day Monthly Schedule- It will also allow you to calculate the exact day monthly payment schedule if this kind of loan is available to you. Some lenders in the USA and Canada utilize this exact day monthly payment mortgage. ARM - You can change the interest rate for each payment date if your mortgage is an adjustable rate mortgage (ARM). Balloon or Pre-payments- Balloon payments are also supported: you can also include an extra amount to go along with each regularly scheduled payment and include a note directly into the schedule as a reminder. Interest Adjustment Date- Often a lender may want to have your payments coincide with their bookkeeping system. Amortization Pro allows for setting an interest adjustment date at the beginning of the schedule. We hope you enjoy our app and use it to save money and to plan your finances. If you have any suggestions or experience any problems please contact us at: support@amortization.com.