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Mortgage Loan Calculator 2.0 Main Help Section
Extra Payment Options
Payments
Month/Day/Year:
Allows the user to specify the exact day, month, and year that an extra payment will be made.
Open, Close, Save as...:
These buttons allow the user to either open an existing file with the ".pym" file extension
that was created by Mortgage Loan Calculator Plus 2.0,
close a file with the ".pym" file extension currently open, or save the data entered to a file with the
".pym" file extension.
Note: when a file is open the name of the currently open file will appear in the title of the
window.
Payment Amount:
Allows the user to enter the desired dollar amount of an extra payment.
Add, Remove, Remove All:
These buttons allow the user to either add an extra payment and the date the
extra payment will be added to the currently open file, remove a previously entered
extra payment and date, or remove all perviously entered extra payments.
One Time, Monthly, Yearly:
Selecting one of these options will set the extra payment to be added one time
only, once each month, or once each year.
Negative Payment:
Checking this option allows the user to enter a negative payment, which can simulate
a withdrawal from a reverse mortgage, for example.
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