Fixed-Rate Amortization Tool
This is a sample of a fixed-rate amortization schedule created running on my computer with Windows Vista as the OS.
Need to borrow money--a major loan, perhaps? Want to know what it will cost you, how best to pay it off early? The Fixed Rate Amortization tool included in the Catapult Garage lets you see these things with just a few mouse clicks. Enter the amount you'll borrow (principle), the interest rate, and the number of months to pay it off. See the cost of the loan. Then run a full schedule and see what happens if you pay extra amounts--how long it takes and how much it costs. This tool alone can help you save tens of thousands of dollars.
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