Features
-
License:
Free
- Editor's Rating:
- Average User Rating:
-
Downloads:
22,147
- Operating Systems:
Windows Vista, Windows XP
- Additional Requirements:
Windows XP/Vista, Microsoft Excel 2000/2002/2003/2007
- Limitations:
No limitations
- Date Added:
November 03, 2008
Publisher's description of Vertex42 Mortgage Payment Calculator
Use this simple spreadsheet to calculate and compare the monthly payment for different mortgages. See how soon you could pay off your home by making extra payments. Calculate the equity in your home after a specified number of years. Customize the spreadsheet to suit your needs. The download also includes versions that can be opened in OpenOffice Calc. Works for both US and Canadian mortgages.
This version is the first release on CNET Download.com.
- See more CNET content tagged:
- payment,
- spreadsheet
Editor's review of Vertex42 Mortgage Payment Calculator
stars
- "Works with Excel"
- Reviewed on: June 1, 2009
- Version reviewed: Vertex42 Mortgage Payment Calculator 1.0.1
If you are planning to purchase or refinance a home, the Vertex42 Mortgage Payment Calculator is a competent tool for you to see how much that home will cost over time.
The Vertex42 Mortgage Payment Calculator takes the work out of setting up one's own Excel spreadsheet, as it is, essentially, an Excel spreadsheet (it works with your Excel program). With the Vertex42 Mortgage Payment Calculator, you can compare up to five possible mortgages. And just like in Excel, if you have even more variables to consider, you may insert more columns. Easy to manipulate and manage, this simple spreadsheet offers information in a clear, logical way. But home buyer beware: the calculator does not take into account closing costs, property taxes, or insurance, and it assumes a $10,000 down payment on its loans (which is easily remedied with a keystroke or two).
The calculator's logically arranged information makes the comparison of several loan scenarios a breeze. Speaking of easy, you can also tweak variables so that you can consider the impact that adding years or payments (including paying bimonthly) can make in the life of a loan. Although there are lots of competing financial calculators available, the free Vertex42 Mortgage Payment Calculator does its job as promised and without any fuss.
More popular Personal Finance Software downloads
- 3,615 downloads 1. MarketBrowser
- 2,828 downloads 2. Amortization Schedule for Excel
- 2,054 downloads 3. Debt Reduction Calculator for Excel
- 879 downloads 4. AceMoney Lite
- 807 downloads 5. Moffsoft FreeCalc
- See all Personal Finance Software downloads
User reviews
- Average user rating: 0 stars Not yet available
- My rating: 0 stars Write review
-
Showing 3 of 3 user reviewsSee all 3 user reviews
This software version | All versions -
Version: Vertex42 Mortgage Payment Calculator 1.0.1
"Works great for convential loans"
Pros: Very easy to use, good help, excellent spreadsheet for conventional loans.
Cons: Will not work on Alt-A, Interest Only, and other un-conventional loans.
Summary: Worth the usage for convential loans. Well built and laid out. Excellent spreadsheet.
-
Version: Vertex42 Mortgage Payment Calculator 1.0.1
"Great for calculating time to pay off mortgage."
Pros: I was able to see how fast I could pay off my home by making prepayments.
Cons: Limited to monthly payments.
Summary: I like the way the spreadsheet compares the mortgages side-by-side rather than making you write down a number and then make a change and compare the new number to what you've written down.
-
0 out of 1 people found this review helpful
Version: Vertex42 Mortgage Payment Calculator 1.0.1
"Don't remember much about this program"
Pros: Don't remember any pros
Cons: just didn't like the program.
Summary: Really do not remember what the problem was, but I installed this program and checked it out for a few minutes, then uninstalled it. Must not have been impressed with it. If I remember correctly, it was too complicated to do too little.
- See all 3 user reviews Write review
Submit your review
You must be 13 years of age or older to submit personal information to CNET Networks. In compliance with the Children's Online Privacy Protection Act of 1998, CNET Networks does not accept name and e-mail address information from users who are under 13 years of age.
All submitted ratings and written comments become the sole property of CNET Networks, Inc. (CNET) and may be used at CNET Networks' sole discretion. Ratings and written comments are generally posted within two to four business days in batch groups, not in real time. However, CNET Networks reserves the right to remove or refuse to post any submission for any reason. You acknowledge that you, not CNET Networks, are responsible for the contents of your submission.
CNET Networks is not responsible for the content of the publisher's descriptions or user reviews on this site. We encourage you to determine whether this product or your intended use is legal. We do not encourage or condone the use of any software in violation of applicable laws. CNET Download.com does not sell, resell, or license any of the products listed on the site. We cannot be held liable for issues that arise from the download or use of these products.
