找软件用软件,到华军软件园!
您的位置:华军软件园>软件分类>iOS软件>金融财务>

Equity Release (Reverse Mortgage) Calculator

Equity Release (Reverse Mortgage) Calculator

Equity Release (Reverse Mortgage) Calculator 3Equity Release (Reverse Mortgage) Calculator手机版

  • 版  本:3
  • 软件授权:免费软件
  • 软件类型:国产软件
  • 软件语言:英语
  • 更新时间:2017/07/25 12:05:54
  • 应用平台:ios
  • 软件官网:官方网站
  • 软件大小:22.2M
基本简介
Equity Release (Reverse Mortgage) Calculator
This is a simple equity release (or reverse mortgage) calculator that considers an initial lump sum equity release and/or regular (monthly/quarterly/annual) equity receipts thereafter.

The idea behind a reverse mortgage is that a homeowner may have an (estimated) amount of equity (over and above any pre-existing mortgage or borrowings) locked up in the value of their home.

To release this equity without selling the home the homeowner may approach a bank to arrange to release this equity in the form of an initial lump sum followed by regular monthly payments calculated at a specified rate of interest and for a specified term. The receipts are secured against the estimated equity remaining in the home.

For example, if the home is valued at 300,000 and has a pre-existing mortgage of 50,000 then there is 250,000 of equity in the home that can be released.

Therefore, over a term of, for example, 13 years at a fixed annual rate of interest of 4.5%, it may be possible for a homeowner to negotiate with a bank to provide an initial equity release of 50,000 followed by regular monthly equity receipts of 750 over the 13 years. This equity release would "cost" 246,209 which would be more than covered by the 250,000 equity referred to above.

The homeowner ought to have an idea of the equity remaining in the home and by varying the lump sum and/or monthly equity receipt requirements over different terms and interest rates (the "variables"), the homeowner can use the calculator to establish optimal equity release terms.

If any of these variables do not apply then enter "0".

Notes on Results

The calculated equity released has been split between capital and interest elements to show the user how much the equity release is costing in terms of the total amount of interest paid for using the facility.

Regarding how the interest is calculated,

(i) the initial sum is compounded on an annual basis at the annual interest rate input by the user;
(ii) the future value of the regular equity releases is calculated on an annuity basis using a series of regular (monthly, quarterly or annual) payments at the relevant interest rate (annual rate/12, annual rate/4 or annual rate respectively).

PLEASE NOTE that your use of this calculator is at your own risk and should not be construed as financial advice.
所属专题
九神

九神

九神小说电子书专题提供20本与九神小说相关的txt小说供您在线下载阅读。并且根据网友推荐为您整合成了九神小说排行榜。我们致力于为大家提供更多好看、免费的九神小说在线txt电子书下载阅读服务。本站九神小说用户喜爱的txt电子书有:<<九天封魔>>、<<九神小说>>、<<九神小说幻想>>、等。...

软件截图
  • Equity Release (Reverse Mortgage) Calculator
  • Equity Release (Reverse Mortgage) Calculator
Equity Release (Reverse Mortgage) Calculator下载地址
网友评论
网名:
(您的评论需要经过审核才能显示)
  • 置顶 华军网友 2017-02-17 14:46:55
    找了那么多下载软件网站下载Equity Release (Reverse Mortgage) Calculator,终于让我找到你了,我的Equity Release (Reverse Mortgage) Calculator3
  • 置顶 华军网友 2016-04-04 20:41:03
    亲测Equity Release (Reverse Mortgage) Calculator的使用过程流畅无闪退,唯一的缺点就是占用内存稍稍有些大,不过也无伤大雅。
  • 置顶 华军网友 2017-01-19 19:58:23
    骂Equity Release (Reverse Mortgage) Calculator的都是逗比,Equity Release (Reverse Mortgage) Calculator要是不好用能一直撑到现在?呵呵
  • 置顶 华军网友 2015-10-05 21:57:33
    我觉得很不错呀,符合我的预期,那些不会用的人就别怪Equity Release (Reverse Mortgage) Calculator了
  • 置顶 华军网友 2015-02-27 10:16:37
    非常不错,Equity Release (Reverse Mortgage) Calculator良心,已经很难找到这么好的金融财务软件了
  • 10楼 华军网友 2017-07-10 23:00:55
    请问各位把Equity Release (Reverse Mortgage) Calculator下载到电脑使用该怎么下啊。请帮忙,谢谢
  • 9楼 华军网友 2016-10-16 14:40:18
    讲真,金融财务里我只服Equity Release (Reverse Mortgage) Calculator,不解释
  • 8楼 华军网友 2015-10-20 07:13:00
    Equity Release (Reverse Mortgage) Calculator就是好用!呵呵,我喜欢这个金融财务
  • 7楼 华军网友 2015-03-02 01:00:13
    下载Equity Release (Reverse Mortgage) Calculator中,希望可以正常使用,别遇到BUG就好了
  • 6楼 华军网友 2015-01-08 13:23:35
    Equity Release (Reverse Mortgage) Calculator在同类软件里,体积已经非常小巧了,才22.2MB
软件介绍
相关文章
所属专题
相关下载
下载地址
网友点评
返回顶部