|Amortization Schedule Calculator|
A bar association member recently recommended a calculator for loan or contract payments. The calculator has a lot of useful features such as calculating regular loan payments for any frequency, not just monthly. Compounding frequency may be set separately from payment frequency. The calculator also can calculate and show the dollar value of the points being charged.
A link to this calculator is posted on the webpages for the Real Estate & Title Law Section and the General Practice Section of the ISBA for future reference. The calculator can also be viewed directly, here.