MORTGAGE CALCULATOR - Posted by tnoles

Posted by Dave T on September 02, 2001 at 24:49:36:

Just use the financial functions in your Excel spreadsheet to create an amortization table. Whenever you want to make a “partial balloon” payment, add the extra amount to the principle portion of the scheduled payment.

If you are not sure how to create an amortization table, send me an email. I will send you an amortization table in Excel 97 format.

MORTGAGE CALCULATOR - Posted by tnoles

Posted by tnoles on September 01, 2001 at 23:55:43:

Does any one know of a mortgage calcualtor program that allows multi ballon payments at different intervals during the term of a note. Most calculations assume that the ballon is made at the end. Suppose you want to make ballons at differen times. Say six months or every 12 months on a 60 month note.


Posted by Todd (MO) on September 04, 2001 at 14:17:16:

Check with the people at Calculated Industries. The make a powerful hand-held that I have used for years. Newer models may handle this, I know it does tons of stuff (remaining balances, balloons, partials, discounted notes, etc.). Simple to use too.

Send them an email and ask about features.



Posted by WilliamGA on September 02, 2001 at 09:34:36:

Realdata is a program that I believe will do what you want. It has a feature that will allow you to make additional principal payments at different places during the amoritization of the loan.

You can get it free at