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BENEFITS OF DOCUMENT

Easily compare multiple mortgage scenarios.
Evaluate bottom line impact of multiple variables in mortgage financing.
Demonstrate to students/clients the value of good credit and extra payments to mortgage principal.

DOCUMENT DESCRIPTION

This document allows you to quickly compare up to five different mortgage scenarios including different interest rates, loan terms or principal amounts. You can change the tax, PMI and insurance rates. You can add extra payments to the principal and see how much earlier you can pay off your loan. Summarized for easy comparison or you can expand to see the detailed monthly amortization schedule.

Perfect for evaluating various real estate deals or options for how to finance the deals. Ideal for investment properties or your principal residence. I've used this to teach classes to high school students the importance of maintaining a good credit score and making additional payments to their principal balance.

Got a question about the product? Email us at [email protected] or ask the author directly by using the form to the right. If you cannot view the preview above this document description, go here to view the large preview instead.

Source: Mortgage Scenarios w/ Amortization Tables Excel document

Mortgage Scenarios w/ Amortization Tables

Sold by Droach (view author profile)

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This business document is categorized under the function(s):

Personal Finance

It applies to Real Estate/Mortgage

File Type: Excel (xlsx)

File Size: 227.9 KB

Purchase includes lifetime product updates. After your purchase, you will receive an email to download this document.

Initial upload date (first version): Jan 19, 2016
Most recent version published: Jan 24, 2016

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