Act Amort allows you to enter a loan amount, payment amount, interest rate, and/or loan duration (in months). After entering three of these values, the fourth may be calculated. Total interest, payments and ending balance are automatically computed. In addition you may create a printable payment schedule and/or a CSV Excel file.
EXAMPLE: You want to buy a house. You can get a loan at 6.5% and can spend no more than $2,000 per month for 20 years more...
- Mac OS X 10.6.2 or later