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Based on Wheatworks experience developing financial calculators for corporate clients, APR Spread Calculator uses the Actuarial Method of calculating Annual Percentage Rates for mortgage loans as explained in Appendix J of 12 CFR Ch. II, Pt. 226, the portion of the United States Code of Federal Regulations known as `Regulation Z`. In addition to the basic APR calculation, APR Spread Calculator also provides a spreadsheet-like grid of APRs by loan amounts and fixed fee amounts. The loan amount and fixed fee amount axes are `spread` incrementally based upon user-modifiable ranges.
Wheatworks Software`s APR Spread Calculator is a shareware financial calculator designed for Win95/98/NT systems. It offers integrated help, provides automatic `hints`, accomodates all Regional Settings, is large and small font compliant, offers Wheatworks Software`s new, integrated Upgrade Center for easy, free, online updates, and includes a user-friendly registration system. |
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