Mortgage and Loan Prepayment Calculator application has been designed for mortgage professionals, real estate agents and home buyers. Mortgage and Loan Prepayment Calculator is a functional and easy to use mortgage and loan calculator for Palm OS handheld devices. It provides a quick, hassle-free way to calculate mortgage or loan with or without prepayment options. It supports weekly (accelerated and non accelerated), bi-weekly (accelerated and non accelerated), monthly, quarterly, semi-annually and annually payment periods and generates variable rate amortization schedules.