Yes the Seminar takes that into account.  It will also show you how to adjust interest as you go if someone makes extra payments toward principal.

So the actual seminar is different than the free db example?

David --

There are numerous factors that go into calculation of interest and thus final payment.
Did they make late / no payments for a month? Interest would still accrue.  
Did they make extra Principal only payments?  

See the detail below  (from the screenshot above).  You can see the "normal" payment of $641.41 and the Final in Month 24 is only $625.30.

I don't know if the free sample ACCDE is the same or not. I assumed it was but didn't look at it.  Haven't tried it.  I can tell you as I stated above that this is covered in the seminar.

If you are using this to determine your actual due vs a printed schedule you will almost always find that it is different depending on time. Your schedule is only good if you follow the exact payment and time on the schedule.

This gives you a good tool to budget by,  but in real life you would still need to contact the financial institution when about to pay off a loan for the current pay off amount.

Thanks, I will see if that works for me. I know the free example does not calculate properly for what I currently have. It creates it close but not the same as what i have from banks. I tried the free version with several loans and it is close, but not accurate according to what bank gave me as a schedule. I was looking at being able to put in the payment amount(s) and have it create the schedule. These banks must use something different that they calculate it with? I will play with it and see what i can come up with.
Thanks again, very nice of you to explain this.

Yes, the free sample and the full seminar database are completely different.