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Tiny Mortgage Calculator 1.0
- Name:Tiny Mortgage Calculator 1.0
- License:Freeware
- Developer:Sierra Vista Software
- Downloads:103
- Rating:2 / 5
- OS:Windows All
- Size:292 KB
- D.M.C.A.
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Tiny Mortgage Calculator 1.0
Tiny Mortgage Calculator 1.0 Description:
Tiny Mortgage Calculator is a free Windows application that lets you quickly calculate some essential mortgage-related figures. Simply enter the amount to be financed, the interest rate and duration of the loan.
After entering those three numbers into the Tiny Mortgage Calculator, click on the "Calculate" button and you will immediately see how much you would have to pay monthly and yearly.
You will also be able to find out how much you would have to pay in finance charges and what percentage of the principal they would represent. Finally, the total cost of the loan will be displayed.
For example, if you enter $100000 as the loan amount, 6% as the interest rate and 30 years as the duration of the loan, you will see that your monthly payments will be $599 or $7194 per year. In addition to the principal you would have to pay $115838 in finance charges, which is 115% of the principal. In total, you would have to pay $215838.
If you now change the loan duration from 30 years to 15 years, you will see that your monthly payments will increase to $843. Your total finance charges will drop to $51894, or 51% of the principal.
It is no surprise that the longer is duration of the loan, the more is the percentage of the finance charges. In addition, although your monthly payments will decrease, they will never get below the amount of the loan multiplied by the monthly interest rate.
In our example, if the mortgage amount is $100000 and the monthly interest rate is 0.5% (5% / 12), the monthly payments will always be at least $500. You can quickly verify that by selecting Duration-other and entering a very long loan duration, for example 1000 years.
Tiny Mortgage Calculator 1.0 security information
You cannot download any crack or serial number for Tiny Mortgage Calculator 1.0 on this page. Every software that you are able to download on our site is legal. There is no crack, serial number, hack or activation key for Tiny Mortgage Calculator 1.0 present here. Our collection also doesn't contain any keygens, because keygen programs are being used in illegal ways which we do not support. All software that you can find here is freely downloadable and legal.
Tiny Mortgage Calculator 1.0 installation package is prepared to be downloaded from our fast download servers. It is checked for possible viruses and is proven to be 100% clean and safe. Various leading antiviruses have been used to test Tiny Mortgage Calculator 1.0, if it contains any viruses. No infections have been found and downloading Tiny Mortgage Calculator 1.0 is completelly problem free because of that reason. Our experts on malware detection tested Tiny Mortgage Calculator 1.0 with various spyware and malware detection programs, including fyxm.net custom malware and spyware detection, and absolutelly no malware or spyware was found in Tiny Mortgage Calculator 1.0.
All software that you can find on our servers, including Tiny Mortgage Calculator 1.0, is either freeware, shareware or open-source, some of the software packages are demo, trial or patch versions and if possible (public domain licence), we also host official full versions of software.
Because we want to be one of the fastest download sites on the web, we host all the software including Tiny Mortgage Calculator 1.0 on our servers. You cannot find here any torrents or download links that would lead you to dangerous sites.
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Enjoy!
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