Posted on: 26th Sep, 2008 12:36 pm
I am in a land contract and I am trying to reproduce the the amortization table, but I find every amortization calculator shows a $200 difference than the amortization that was calculated in March of 2007.
Hello- Nothing has changed with calculating an amortization schedule. Are the settings identical, specifically, is each calculator using end of period payments to calculate. That could be throwing you off.
can't imagine why it would be different now?
Hi luceyj!
Welcome to Forums!
I do not think anything on this regard has changed since March 2007. You can click on the following to get a amortization calculator :
http://www.mortgagefit.com/calculators/
Feel free to ask if you have further queries.
Sussane
Welcome to Forums!
I do not think anything on this regard has changed since March 2007. You can click on the following to get a amortization calculator :
http://www.mortgagefit.com/calculators/
Feel free to ask if you have further queries.
Sussane
nope, nothing has changed. It is mathmatical calculation. You may have not considered taxes and insurance. A amortization schedule will only give you principle and interest payments. Or you could have used an interest only calculator at that time.