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15 vs 30 Year Mortgage + Download
15 vs 30 Year Mortgage + 2.1
Program Description: 15 VS 30 YEAR MORTGAGE
This program is a version that allows you to compare a 15 year
mortgage with one that has a duration of 30 years. It will run under
Win 95, 98, Me, NT4, XP, & 2000. If you itemize deductions, then you know the
IRS allows you to deduct mortgage interest. This subsidizing of a
mortgage means you can receive credit for the increased interest you
pay on a 30 year loan. The basic premise of this evaluation is that if
the buyer could afford the monthly payments for the shorter term (and
would invest the difference in monthly payments according to the
instructions), at certain rates of return on the investment it would be
more advantageous to obtain the 30 year mortgage. Printouts are
professional looking and may be used by financial planners as they
contain a "prepared by:" area. This program may also be useful to
lending institutions in advising a client on the term of a mortgage.
Size: 1.2 MB | Download Counter: 0
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Your Loan Partner - All purpose loan calculation program. Computes payments, amortization schedules, comparative analyses, refinancing, loan qualification. Has calculator function that computes any missing value - interest rate, term, payment. Shareware. $19.95.
QuikCalc Amortization Plus! Edition - Mortgage and loan software includes the powerful Amortization Schedules Plus! feature that allows you to override, skip or add payments as well as a Solve for Missing Number Calculator and Premium Edition's Loan Manager for up to 5 loans.
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LoanExpert Plus - LoanExpert is your complete loan and mortgage calculator and analysis tool for Palm OS?® handhelds, Pocket PC or Windows Mobile handhelds, and Windows PCs! Calculate interest rate, price, down payment, loan length, and more! Save scenarios.
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