applied computer technology

ACT Amortization Calculator


ACT Amort - Version 1.0.1

This application 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.

System Requirements:  Mac OS X 10.6.2 or later,  Intel processor.

About ACT Amort

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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3.99 USD

ACT Amort 1.0.1 Free Version:          10/21/2010

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