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Balloon Amortization + Feedback System

Balloon Amortization + Info

License: Shareware | Author: Bent Tree Software | Requirements: 386 or better, 8 Mb RAM

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.
 
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Bent Tree Software

  • 15 vs 30 Year Mortgage + Icon 15 vs 30 Year Mortgage + - 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.
  • Added Payment Amortization + Icon Added Payment Amortization + - 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.
  • Annuity Pension Payout + Icon Annuity Pension Payout + - This program is a version of a fixed sum annuity or pension payout schedule. It runs under Win 95, 98,Me, XP & 2000. This program will demonstrate the length of time your annuity/pension payout will last at an inputted monthly withdrawal.
  • Auto loan calculators + Icon Auto loan calculators + - Confused by all the "hype" about rebates, low interest loans, or "Rule of 78" versus simple interest loans? This program includes most of the current types of financing available for automobile loans.
  • Biweekly Amortization + Icon Biweekly Amortization + - This program is a version of a biweekly payment schedule that demonstrates the effect of reducing the term and interest amount of a loan. It will run under Win 95, 98, Me, NT4 & XP. Make a loan payment every 2 weeks of half of the monthly
  • Financial Statement + Icon Financial Statement + - This program is arranged in a typical lending institution format. Although it may not be in the format required by any given institution, it provides all the information necessary for completing an actual financial statement.
  • Growing Money + Icon Growing Money + - This program is a version of an analysis of the effect of savings. It will run under Win 95, 98, Me, NT4, & XP. This program demonstrates the effect of interest compounding for monthly, annual, and one-time deposits for any rate of return.
 

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