- Joined
- Dec 31, 2007
- Messages
- 101
I`m looking for a mtg calculator that would calculate and give an amortization schedule when given variables like in Don`s example a few months back.
It would need to allow the standard entries like amount, rate, amortization, etc. Those are easy to find.
what I can`t find find is one that also allows
$200,000 mtg, prime - 50, todays prime being 2.75, 35 yr amm, my pymt is $690.
but I want to pay as if the rate is 5%.... so say $1000. / mo.
I assume rates jump by .25 every 3 months
Ok sure I can figure that out (I think), but the JV i`m showing it to wants to see it if rates go up by .5 every 3 months....or .25 every 2 months
Looking for something to do it for for at the push of a button AND gives a complete schedule based on the variables given
Thanks
It would need to allow the standard entries like amount, rate, amortization, etc. Those are easy to find.
what I can`t find find is one that also allows
- rate changes at certain intervals...how much and how oftena pre-determined payment. not an additional payment that would be added to the required payment because when the req pymt changes so would the total payment
$200,000 mtg, prime - 50, todays prime being 2.75, 35 yr amm, my pymt is $690.
but I want to pay as if the rate is 5%.... so say $1000. / mo.
I assume rates jump by .25 every 3 months
Ok sure I can figure that out (I think), but the JV i`m showing it to wants to see it if rates go up by .5 every 3 months....or .25 every 2 months
Looking for something to do it for for at the push of a button AND gives a complete schedule based on the variables given
Thanks