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Added Payment Amortization + 1.2
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| 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. |
| 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.
- 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:
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, XP, & 2000. By making additional principal payments when paying yourmonthly mortgage, you will reduce the term of the loan and gain equity in your home at a faster pace. If you decide to utilize this method of payment, be sure that the bank or other lending institution
credits the amount against the principal of the loan each month. Printouts are professional looking and may be used by financial planners as they contain a "prepared by:" area and may be useful for advising a client on this method of mortgage payment by demonstrating to them the effect this type of payment has on the term of the loan as well as the total amount of interest paid. | System Requirements:
386 or better, 8Mb RAM | Change Info:
added new Installer | | Added Payment 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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