6 Best Free Mortgage Calculator With Amortization Chart Software For Windows

Here is a list of best free mortgage calculator with amortization chart software for Windows. A mortgage calculator is primarily used to find out the monthly mortgage payments. On the other hand, the amortization chart shows a complete table of periodic loan payments. To calculate mortgage and create an amortization chart, you can use these software. Through these calculators, you cannot only calculate monthly payments but also calculate total payable amount, total interest amount, etc. Plus, some software can generate a detailed amortization chart that also shows monthly closing balance, monthly interest amount, monthly principal amount, etc. The process to calculate mortgage and create an amortization chart is quite simple in all these software. Still, to help novice users, I have included the necessary steps in the description of each software.

Apart from creating an amortization chart, some of these software can also generate pie and bar graphs highlighting the breakup of payable amount, interest saving, etc. In some software, you also get additional calculators to calculate loan spread, refinancing, closing cost, etc. Go through the list to know more about these software.

My Favorite Mortgage Calculator With Amortization Chart Software For Windows:

EMI Calculator Plus is my favorite software because it can easily calculate mortgage and generate a detailed amortization chart. This software also creates multiple charts to highlight various loan parameters.

You can also check out lists of best free Budgeting, Amortization Schedule Maker, and Online Amortization Schedule Maker software for Windows.

EMI Calculator Plus

EMI Calculator Plus is a free mortgage calculator with amortization chart software for Windows. Through this software, you can quickly calculate the monthly payment and amount you need to pay over a period of time to complete the loan payment. It also shows detailed monthly starting balance, interest paid, principal paid, and ending balance values in the form of an amortization chart. To calculate mortgage and create an amortization chart, it only needs values of the loan amount, interest rate, tenure, and processing fee. Now, follow the below steps to calculate mortgage and create amortization chart through this software.

How to calculate mortgage and create amortization chart using EMI Calculator Plus:

Start this software and enter the details of a loan such as Total Loan Amount, Interest Rate, Tenure, and Processing Fee, if any.
After that, fill the pre-payment amount if you have done any by going to the Add a Pre-Payment option.
As soon as you are done entering all the input values, you can view the total amount that you need to pay along with the amortization chart showing the monthly loan payment structure. You can also switch to the annual view.

Additional Feature:

Pie Charts: This software also generates pie charts to show the break up of total amount payable and the time would take to pay off the loan.

Final Thoughts:

It is a simple yet very capable mortgage calculator with amortization chart software through which you can easily calculate your mortgages.

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Amortizer

Amortizer is a free mortgage calculator with amortization chart software for Windows. Through this software, you can easily calculate mortgage and generate an amortization chat that shows the monthly and yearly payments. Plus, it also shows the total amount of interest that you need to pay with the principal amount. In order to calculate the mortgage, this software needs some input values like Loan Amount, Annual Interest Rate, Compounding Period, Term in Month, etc. According to the input values, it calculates the mortgage and generates an amortization chart. Now, follow the below steps.

How to calculate mortgage and create amortization chart using Amortizer:

Start this software and enter input loan parameters such as Loan Amount, Terms in Months, Annual Interest Rate, First Payment Date, etc.
Now, select one of the available Compounding Periods (annually, biannually, quarterly, monthly, etc.).
In the end, hit the Calculate button to start the mortgage calculation process. After the calculation, you can view an amortization chart along with the total interest that you need to pay.

Additional Feature:

Print: Using it, you can print the amortization chat or save it as a PDF.

Final Thoughts:

It is another good mortgage calculator with amortization chart software that anyone can use with ease.

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Mortgage+Care Loan Calculator

Mortgage+Care Loan Calculator is another free mortgage calculator with amortization chart software for Windows. This software offers an advanced mortgage calculator as it cannot only calculate loan amount, but also calculate Amortized Payment, Interest Only Payments, Loan Term, and Interest Rate. To calculate monthly payment and total payable amount of loan, you need to specify input values like Interest Rate, Term in Months, and Loan Amount. To create an amortization chart, this software offers a separate Amortization Schedule option. Now, follow the below steps to calculate mortgage and create amortization chart.

How to calculate mortgage and create amortization chart using Mortgage+Care Loan Calculator:

Launch this software and go to Payment Calculator option.
After that, select the Compute Loan Amount option and enter input values like Loan Amount, Interest Rate Terms in Months, etc.
Now, hit Calculate to get the final amount.
After that, move to Amortization Schedule option and specify input values like Loan Amount, Interest Rate, Terms in Months, First payment Date, etc.
Lastly, hit the Preview button to generate a amortization chat that shows the monthly payment amount, monthly interest, monthly change in principal amount, and new balance.

The amortization chart can be saved in PDF and QRP (quick report file) file formats.

Additional Features:

APR Calculator: Using it, you can calculate the compute annualized credit cost.
Should we make this loan?: This feature analyzes the loan parameters and gives a suggestion on whether you should take the loan or not.

Final Thoughts:

It is another capable mortgage calculator with amortization chart through which you can easily calculate mortgage and create a detailed amortization chart.

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Mortgage

Mortgage is a free open source mortgage calculator with amortization chart software for Windows. It is also a web-based software that needs a web browser to work. This software offers an advanced mortgage calculator as it can calculate interest rate, monthly payment, total months or years to pay the loan, and total payment amount. Now, follow the below steps to calculate mortgage and create amortization chart through this software.

How to calculate mortgage and create amortization chart using Mortgage:

Start this software and select a loan parameter that you want to calculate from the Solve For menu.
After that, input present value, interest rate, period of loan, etc., values.
Now, press the Solve button to get the answer.
Next, specify the Amortize month and year and then hit the Show Amortization button to view the chart showing date of payments, monthly change in amount, monthly change in principal amount, etc.

You can save the amortization chart in PDF file format.

Final Thoughts:

It is another decent mortgage calculator with amortization chart that you can use to calculate your mortgage.

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home-mortgage-calculator

home-mortgage-calculator is another free mortgage calculator with amortization chart software for Windows. It is mainly an Excel sheet with predefined functions to calculate mortgage and create amortization chart. As it is an Excel Sheet, thus you can use it in Microsoft Office or in a free Excel supported software like Libre Office. Now, follow the below steps to calculate mortgage and create amortization chart using this software.

How to calculate mortgage and create amortization chart using home-mortgage-calculator:

Launch this sheet and enter the mortgage parameters in the Mortgage Information fields like Loan Amount, Annual Interest Rate, Terms Length, First payment Date, etc.
After providing all the values, hit Enter to get answers like monthy payment amount, PITI payment, and total interest you have to pay, etc.
Now, you can view the amortization chart in the Payment Schedule section that shows monthly payment date, interest rate, interest due, payment due, etc., values of each month.

Additional Feature:

Graphs: This sheet also shows graphs to highlight interest saving and interest rate history.

Final Thoughts:

It is another good free mortgage calculator with amortization chart software that anyone can use with ease.

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HSH Home Buyer's Calculator Suite

HSH Home Buyer’s Calculator Suite is the next free mortgage calculator with amortization chart software for Windows. This software offers multiple calculators to calculate loans, closing costs, biweekly payments, etc. To calculate mortgage and generate an amortization chart, you only need its Mortgage Qualifier calculator. Now, check out the below steps to calculate mortgage and create amortization chart using this software.

How to calculate mortgage and create amortization chart using HSH Home Buyer’s Calculator Suite:

Start this software and go to Mortgage Qualifier section.
After that, enter mortgage parameters like Loan Amount, Interest Rate, Terms in Months, First payment Date, etc.
Now, specify the amount of extra payment, if any.
Lastly, hit enter to calculate mortgage and generate the amortization chart. Over the amortization chart, you can view monthly principal amount, monthly interest amount, monthly balance, etc.