Financial Power Tools 1.0

I purchased this product for the mortgage amortization functions indicated in the product sales verbage. I did not look at other features. Based on the product description, I was expecting much more from it. The product description indicates "the propose of the mortgages application is to allow you to examine various repayment scenarios with the focus being on reducing your interest costs. Use this powerful tool to verify information from you financial institution and to make informed decisions that can result in significant savings".From such a description, one would think this program would support additional principal pre-payments of the same or varying amounts. The program supports only a simple amortization program that calculates basic information. With respect to routine prepayments, the product is certainly not usable with respect to tracking additional principal payments over time, analyzing the interest savings of such a plan, or confirming and potentially challenging a lender's payoff demand in escrow. In addition to basic amortization functions the program supports a single "lump sum payment entry" (such as an inheritance or gift application). I expected a product with more flexibility and depth.

As a financial advisor, I use Vorton's calculators to display the numbers I need to discuss with my client, and to make recommendations. It's perfect for what I need.