INTERACTIVE SIMULATOR FOR CALCULATING THE PAYOFF OF A HOME MORTGAGE WHILE PROVIDING A LINE OF CREDIT AND INTEGRATED DEPOSIT ACCOUNT

摘要

A system and method for calculating and comparing the payoff time and interest costs of a mortgage loan and comparison loan by inputting financial information of a mortgagee, information about the amount and interest rates pertaining to the loans, calculating the payoff time of said loans, and the mortgage interest expense involved with the loans.