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Balloon Amortization +
Details
| Size: | 1.18MB |
| Last Update: | 2007-04-18 17:45:36 |
| Version: | 1.2 |
| OS Support: | Win95,Win98,WinME,WinNT 3.x,WinNT 4.x,Windows2000,WinXP |
| License/Program Type: | Shareware |
| Publisher: | Bent Tree Software |
| Price: | $8.00 |
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
Awarded High Quality program
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Balloon Amortization + Version History
| Product | Date Added |
|---|---|
| Balloon Amortization + 1.2 | 2007-04-18 17:45:36 |
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