Financier is used to generate a wide variety of mortgage schedules plus the combined mortgage schedule that summarizes all the mortgages in one report.
Features include:
Unlimited number of mortgages and the combined mortgage schedule
Monthly and Yearly Mortgage Schedules
Mortgages can start and finish in any Year & Month
Nine payment options. They are:
Standard Mortgage (Blended principle and Interest payment)
Interest Only
Variable Payment
Fixed Principle Payment plus Interest
Variable Principle Payment plus Interest
Construction Draw Mortgage
No Payment of Principle (Accrued Interest)
Your own Principle & Interest Schedule
Fixed & Variable Interest Rates
Make additional payments or borrow additional funds in any time period
Multiple Terms and Amortization Periods
Set for Canadian Mortgages using semi-annual compounding
Financier's flexible features can be used to create any type of mortgage including Variable Rate Mortgages, Construction Draw mortgages, Graduated Payment Mortgages, Reversed Annuity Mortgages etc. Explore creative financing options.
Sample Mortgage Schedules
Following are sample Financier Mortgage Schedules. Financier Reports depend on the type of mortgage and selected options such as fixed or variable interest rates, payment types etc.