Download Balloon Amortization+ 1.2

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Balloon Amortization+ 1.2
Balloon Amortization+ 1.2 screenshot
demonstrates the effect of reducing initial payments
Price: 12.00 USD (Buy Now) Hits: 1965 visitors Publisher: Bent Tree Software OS Support: Win2000, Win7 x32, Win98, WinOther, WinXP, Other, Win Vista License: Shareware Date added: 29 Jan 2013 Last Update: 13 Jan 2011 Downloads: 80

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Balloon Amortization+ Publisher's description

demonstrates the effect of reducing initial payments

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.
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Version History
Version 1.2 added on: 29 Jan 2013


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Related Tags
    Personal Finance          Mortgage          loan          amortization          compare loans          software          shareware          balloon amortization      

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