The six numbers from the main window are repeated in the summary at the top of the repayment schedule report (see Figure 5).
Below the summary is a list of monthly payments, with one line for each month in the life of the loan. The first two columns, Month and Year, are based on the Closing Date below the list. Because mortgage payments are made in arrears, the first payment is due the month after the closing date. That is why the example in Figure 5 shows January 2008 as the closing date but February 2008 as the first payment date.
Select a closing date by clicking the up and down arrows for the month and year. The report will update one second after you stop changing the closing date. Click the Now button to set the closing date to the current month and year.
Click the Copy button to copy the entire report to the Windows clipboard. You may also right-click almost anywhere in the window for a pop-up Copy All menu item.
Click the Print Preview button to preview the entire report. You may also right-click almost anywhere in the window for a pop-up Print Preview menu item.
Click the Print button to print the entire report. You may also right-click almost anywhere in the window for a pop-up Print All menu item.
Click the OK button to close the report window and return to the Mortgage main window.
Mortgage rounds the numbers it displays to the nearest cent. This can cause apparent one-cent discrepancies among the numbers in the repayment schedule. Calculations are made to high accuracy behind the scenes, though.
The report window has no menu.
The report window has five buttons:
Copyright © 2008-2010 by Ron Charlton