Amortization Scenario/Schedule - without Details

You can open the Amortization Scenario/Schedule calculator with empty fields for you to input details. With this method, up to 10 scenarios you create are saved so that you can review at a later time. This allows you to create “what if" options with your client for paying the mortgage down.

1. Click Tools in the top menu. The Financial Tools screen appears.
    

2. Click Amortization Scenario/Schedule and the calculator opens for you to enter details.
   
   
   
    

3. After entering details, 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.
    
   
   
   
    

6. 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.
   
   
    

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