Balloon Amortization + 1.2
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.
|
Related Tags
Related Downloads
Money Folders Personal Finance 1.0.0.5Money Folders Personal Finance Software is unique. There are many software options available to you if you simply want to record your purchases or... |
Fortora Fresh Finance for Mac 1.2Fortora Fresh Finance is the straightforward personal finance software for everyone. With Fortora Fresh Finance you can easily manage your personal... |
Visual Mortgage Loan Calculator 1.31Visual Mortgage Loan Calculator is an easy-to-use tool intended to calculate mortgages repayments and create amortization table in a simply way.... |
Loan Calc 2.2Loan Calc is an easy-to-use tool intended to calculate loans and mortgages repayments in a very simple way. Loan Calc calculates repayments amount,... |
Real Estate Calculator Suite 4.4If real estate and mortgage math stress you, Real Estate Calculator Suite is the help you need! |
Manny's Simple Finance Program 1.03Manny's Simple Finance Program is an always-editable report for entering, editing, and displaying financial information in a versatile and... |
The Mortgage Toolbox 2.1.1.43Extremely easy-to-use and accurate mortgage calculators are finally here. Calculate your total house payment including taxes and insurance. No more... |
iCash 3.2.1iCash is a software intended to control your personal finance, keeping track of incomes, expenses, credits, debts and Banks transactions for you.... |