Amortization Scenario/Schedule - with Details

You can use the Amortization Scenario/Schedule calculator with an open application, which pre-populates the details for you. Complete the following steps:

1. With the application open, click Services from the Left Navigation pane. The Services screen appears.
   
   
   
    

2. From the Amortization Scenario/Schedule dropdown in the Calculators section, select the mortgage of the application to use with the calculator and click the Calculate button. The Amortization Schedule screen appears with details automatically populated from the application.
   
   
    

3. Click the Calculate button to display the results in the Summary section.
   
   
   
   
    

4. You also have the ability to apply an amortization scenario for comparison to the original amortization. To do so, select an amortization option from the Amortization Scenario dropdown:
   
   Double-Up Twice Yearly
   Double-Up Every Other Payment
   Extra Payment on Anniversary
   Extra Payment Every Payment
   Increase Payment Amount Annually
    

5. For the options of Double-Up Twice Yearly and Double-Up Every Other Payment, click the Calculate button to display the Scenario schedule beside the Original schedule.
    
   
   
   

5. For the options of Extra Payment on Anniversary, Extra Payment Every Payment, and Increase Payment Amount Annually, click the Calculate display the Scenario schedule beside the Original schedule. Then enter the extra payments in the appropriate fields in the schedule, and click the Calculate button again to display the results.
   
   
    

6. To produce a PDF document of the information for saving or printing, click the Print button.