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Balloon Amortization + 1.2
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| This program is a version of a balloon payment schedule that demonstrates the effect of reducing initial payments and either making a large payment at the end of the balloon period or refinancing the loan. It will run under Win95,98,Me, & XP |
| Other software from this author: | - 15 vs 30 Year Mortgage + 1.2 — Program Description: 15 VS 30 YEAR MORTGAGE
This program is a version that allows you to compare a 15 year
mortgage with one for 30 years. It will run under
Win 95, 98, Me, NT4, XP & 2000. Printouts are professional looking.
- Added Payment Amortization + 1.2 — This program is a version of an added payment schedule that demonstrates the effect of added payments to reduce the term of a loan and also reduce the amount of interest paid. It will run under Win 95, 98, Me, NT4,XP, & 2000.
| | Show all software from this author |
Description:
Program Description: BALLOON AMORTIZATION
This program is a version of a balloon payment schedule that demonstrates the effect of reducing initial payments and either making a large payment at the end of the balloon period or refinancing the loan. It will run under Win 95, 98, Me, NT4, XP, & 2000. Bankers are currently touting mortgages with a one to five year balloon.
What they don't tell you is that the interest is usually based on a 30 year term which, unless you know "THE NUMBERS" can result in a shock to your system.
Printouts are professional looking and may be used by financial planners as the program contains a "prepared by:" area and may be useful to them in advising a client on this method of mortgage payment by demonstrating the effect this type of mortgage has on the term of the loan as well as the total amount of interest paid. | System Requirements:
386 or better, 8 Mb RAM | Change Info:
Added Installer | | Balloon Amortization + 1.2 Download from benttreesoftware.com |
| Similar software: | - Mortgages + 1.2 — programs include:added payment,ballooon amortization,biweekly amortization, 15vs30 year mortgage,loan amortization,maxmortgage,refinance it?,&variable rate mortgage
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