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Mortgage Advisor features:
Mortgage Advisor is a powerful, but easy to use mortgage software program which includes the following features:
- Calculate your mortgage payment and total costs of your mortgage
- Learn how to pay of your mortgage earlier, and save a fortune in interest.
- View a detailed breakdown of your mortgage over time with the mortgage schedule.
- Powerful “What If” calculator allows you to calculate the mortgage period, amount, interest rate or repayment.
- See how changing interest rates and the mortgage amount affects your repayment with the handy mortgage grid.
- A graph showing the cost breakdown of your mortgage
- 8 different compounding and payment periods
- And lots more…
Pay off your mortgage earlier:
- Learn how you can pay off your mortgage earlier and save a fortune in interest by making additional payments
- Specify how much extra you can afford to pay and calculate how this will affect your mortgage.
- View a grid of the additional payments necessary to pay off your mortgage for various different periods.
- View a detailed breakdown of your mortgage over time
- See how much you still owe on your mortgage for any period, as well as the total payments and total interest paid so far,
- Summarize the information by year, or view detailed information for each period.
“What If” Calculator:
- The “What If” calculator allows you to calculate either the mortgage payment, mortgage amount, mortgage period or interest rate. Just fill in the information you know and it will calculate the missing variable. For example, this allows you to calculate the maximum amount you can borrow based on how much you can afford to pay.
- The mortgage grid shows the effect of changing interest rates and mortgage amounts on your mortgage repayment.
- Enter your mortgage details and calculate mortgage repayments for interest rates and mortgage amounts around your own. This provides an easy way to compare the repayments.