Biweekly Amortization+ 1.2
demonstrates the effect of reducing the term and interest amount of a loan.
This program is a biweekly payment schedule that demonstrates the effect of reducing the term and interest amount of a loan. By making a loan payment every two weeks of half of the monthly payment, 26 payments are made each year.
Software Specs
Publisher:............ Bent Tree Software
License:............... Shareware
Price:................... $12.00
File size:.............. 1.18 MB
Downloads:.........
Release date:...... 13 Jan 2011
Last update:........ 04 Aug 2012
Language:............ English
Publisher review for Biweekly Amortization+ 1.2:
Review by: Bent Tree Software
Program Description: BIWEEKLY AMORTIZATION
THE BANKERS' SECRET IS REVEALED!!!
This program is a biweekly payment schedule that demonstrates the effect of reducing the term and interest amount of a loan. By making a loan payment every two weeks of half of the monthly payment, 26 payments are made each year. This program demonstrates the savings available to you if you pay your mortgage every other week instead of monthly and are CREDITED THE PAYMENT by the lending institution at the time of payment.
Printouts are professional looking and may be used by financial planners as the program contains a "prepared by:" area and may also 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
Biweekly Amortization+ screenshots:
Biweekly Amortization+ download tags:
Personal Finance Mortgage loan amortization compare loans shareware biweekly amortization
Copyright information:
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