Balloon Amortization+ 1.2
demonstrates the effect of reducing initial payments
This program is 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.
Software Specs
Publisher:............ Bent Tree Software
License:............... Shareware
Price:................... $12.00
File size:.............. 1.18 MB
Downloads:.........
Release date:...... 13 Jan 2011
Last update:........ 18 Nov 2011
Language:............ English
Publisher review for Balloon Amortization+ 1.2:
Review by: Bent Tree Software
Program Description: BALLOON AMORTIZATION
This program is a 16 bit 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. 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.
Requirements:
No special requirements.
Operating system:
Win2000,Win7 x32,Win98,WinOther,WinVista,WinXP,Other
Release notes:
Minor Update
Whats new in version 1.2:
Upgrade PAD file
Balloon Amortization+ screenshots:
Balloon Amortization+ download tags:
Personal Finance Mortgage loan amortization compare loans shareware balloon amortization
Copyright information:
SPONSORED LINKS
Based on 1 ratings. 1 user reviews.