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Balloon Amortization + 1.2

Description

Balloon Amortization + 1.2

Author Company: Bent Tree Software

Balloon Amortization + 1.2 demonstrates the effect of reducing initial payments

File Size: 1209 kB
OS: Windows 98 / NT / 2000 / ME / XP / VISTA
License: Shareware - Time Limit, free to try, 8.00 to buy.

Software Developed by Bent Tree Software

Download now (1209 kB)

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Description :

Balloon Amortization + - effect of reducing initial payments

Internet and Computer Activity Monitoring 5.1

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.

This is the Shareware version. The full version can be purchased by clicking on the "Buy Now" button below for around $8.00 USD.

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Growing Money + 1.2 - This program is a version of an analysis of the effect of savings.
Biweekly Amortization + 1.2 - demonstrates the effect of reducing the term and interest amount of a loan.
Balloon Amortization + 1.2 - demonstrates the effect of reducing initial payments
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Refinance It 1.2 - This program is a version of a mortgage refinancing evaluation.
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