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Balloon Amortization +
Balloon Amortization + 1.2
Category:
Home & Personal / Personal Finance
| Author: Bent Tree Software
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Cost: $8.00 USD
License: Shareware
Size: 1.2 MB
Download Counter: 27
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.
Requirements: 386 or better, 8 Mb RAM
OS Support:
Language Support:
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- 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.
- 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.
- 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.
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- QuikCalc Amortization Home Edition - Mortgage and loan software includes easy to use amortization tables and schedules that allow any interest rate, payment and compounding frequency, including accelerated payments. Includes many reports and a Solve for Missing Number Calculator.
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