ACT Amort Freeware
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Calculate the cost of a fixed interest rate monthly compounded loan.   Free
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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
What's New
Version 1.0.1: Release notes were unavailable when this listing was updated.
Requirements
  • Intel
  • Mac OS X 10.6.2 or later



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Downloads:411
Version Downloads:410
Type:Business : Finance
License:Free
Date:24 Oct 2010
Platform:Intel 32 / OS X
Price:Free0.00
Overall (Version 1.x):
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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.


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