Our state-of-the-art calculator now calculates up to 50 year ARM loans!
Now interest payments, without equity building Principal, may be any duration up to 10 years! An example would be a 3/1 ARM with 12, 24, 36 or 60 interest only payments. This flexibility is important in quoting ARM loans. Offering a diverse stable of products in a fast changing market is critical to success and this tool delivers the payment streams, APR and a complete detailed report you need to close.
The Financial Police® offer this unique and powerful APR
tool for only SALE: Was $199 NOW ONLY $99!
The Financial Police® are setting the interest only Annual Percentage Rate calculation standard. With this tool, Professionals may now easily calculate, quote and explain their results with confidence.
This Excel Workbook includes a third calculator FREE! We sell this 5-50 year, fixed rate, monthly payment, software separately for $9.99.
An accurate and ethical Annual Percentage Rate is critical. For only
SALE: Was $199 NOW ONLY $99! you can purchase our exclusive, 3rd party, Excel software solution.
Instantly calculate an accurate and ethical APR for five to fifty year, fixed rate, monthly payment loans, as well as
five to fifty year, monthly payment, Adjustable Rate Mortgages, or ARM loans.
Both tools allow the user to fine tune the calculator by entering months, not years, in several of the key input areas.
Our Excel calculator makes it easy too. With the click of a button, produce a comprehensive APR report on an unprotected worksheet. The calculator itemizes the payment streams, the APR costs, and all the relevant loan details. The unprotected sheet allows you to customize the report or add additional calculations at will.
Why not see for yourself? To either try the trial version for free, or purchase the full version, go to the Software download section of our site. Payment is via PayPal and you will instantly be able to download the full version after payment is made.
Instructions for inputting data are built right into the software. Download a FREE trail version and see for yourself. However, please read the next section first for adding an Add-in.
Adding the Analysis ToolPak.
Go to the Tools menu and choose Add-Ins... The following dialogue box (see right) should appear.
Make sure the Analysis ToolPak option is checked, then click OK. Close and reopen Excel.
The Interest Only calculator, by the Financial Police®, will not function without macro's enabled. ALWAYS choose to "enable macro's" if asked. IMPORTANT: TO AVOID ANY PROBLEMS, DO NOT EXCEPT THE APR SOFTWARE PROGRAM FROM ANY SOURCE BUT MoneyCops.com.
After downloading the file, simply double-click the file and a splash screen will be displayed. Click the "Browse" button and choose any place on your computer you wish. Then, click "Unzip" and close the splash screen.
NOTE: You may now calculate interest payments, without Principal, for up to 10 years. For example, a 3/1 ARM can have interest only payments from 1-120 months!
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MoneyCops > Interest Only Calculator