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Biweekly Amortization + 1.2
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| This program is a version of a biweekly payment schedule that demonstrates the effect of reducing the term and interest amount of a loan. It will run under Win 95, 98, Me, NT4 & XP. Make a loan payment every 2 weeks of half of the monthly |
| 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.
- Balloon Amortization + 1.2 — 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
| Show all software from this author |
Description: Program Description: BIWEEKLY AMORTIZATION
THE BANKERS' SECRET IS REVEALED!!!
This program is a version of a biweekly payment schedule that demonstrates the effect of reducing the term and interest amount of a loan. It will run under Win 95, 98, Me, NT4, XP & 2000. By making a loan payment every two weeks of half of the monthly payment, 26 payments are made each year. This program demonstrates the savings available to you if you pay your mortgage every other week instead of monthly and
are CREDITED THE PAYMENT by the lending institution at the time of payment.
Printouts are professional looking and may be used by financial planners as the program contains a "prepared by:" area and may also 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: Inataller added | Biweekly Amortization + 1.2 Download from benttreesoftware.com |
| Similar software: | - Max Mortgage + 1.2 — How much house can you afford? You might be pleasantly surprised.
This program is a version of a loan qualifier for either a fixed rate or a variable rate mortgage. It will run under Win 95, 98, Me, NT4, XP & 2000.
- 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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