ACT Amort Freeware
ACT Amort Freeware
1.0.1

0.0

ACT Amort Freeware free download for Mac

ACT Amort Freeware

1.0.1
24 October 2010

Calculate the cost of a fixed interest rate monthly compounded loan.

Overview

ACT Amort Freeware is designed to assist with the calculations of money over time, in particular to calculate the cost of a fixed interest rate monthly compounded loan.

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 (240 months). Using ACT Amort you can quickly calculate the maximum amount you can borrow, in this case $268K.

NOTE: Calculations in the FREEWARE version are limited to either the payment or loan duration and will not generate text printouts or CSV Excel files.

What's new in ACT Amort Freeware

Version 1.0.1: Release notes were unavailable when this listing was updated.

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