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Added Payment Amortization + 1.2 |
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Category:
Home & Personal
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Author: Bent Tree Software | Published: Jul 10, 2007
License: Shareware | O/S: Windows 95/98/Me/NT/2000/XP
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Uninstaller: no
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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, XP, & 2000. By making additional principal payments when paying yourmonthly mortgage, you will reduce the term of the loan and gain equity in your home at a faster pace. If you decide to utilize this method of payment, be sure that the bank or other lending institution
credits the amount against the principal of the loan each month. Printouts are professional looking and may be used by financial planners as they contain a "prepared by:" area and may be useful for advising a client on this method of mortgage payment by demonstrating to them the effect this type of payment has on the term of the loan as well as the total amount of interest paid.
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File Size: 1.2 MB
Price: $8.00
Downloads: 0
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Added Payment Amortization + also mentioned on ShareMe
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| 1. |
Mortgages + Details - Home & Personal
... Program Description: This program is a compendium of 8
mortgage type programs.They include:
1. Addedpmt.EXE - A program illustrating the effect of
additional payments for reducing interest
paid and the term of a loan.
2. Balloon.EXE - A program that explores the use of this
type mortgage.
3. Biweekly.EXE - This program calculates and displays the
reduced loan period with this type
mortgage.
4. 1530mtge.EXE - A program that displays and lists the ...
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Biweekly Amortization + Details - Home & Personal
... Program Description: BIWEEKLY AMORTIZATION
THE BANKERS' SECRET IS REVEALED!!!
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 & 2000. 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 ...
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| 3. |
Balloon Amortization + Details - Home & Personal
... 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 ...
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| 4. |
Mortgage and Loan Calculator Analyzer Details - Business & Productivity Tools/Calculators & Converters
... The Mortgage & Loan Calculator Analyzer is designed to help you track in great detail several mortgages and loans. On a basic level, the program acts as a mortgage calculator allowing you enter basic mortgage parameters like principal, interest rate, payment cycle, compound rate, and term (years). The program will then calculate the monthly payment as well as produce an amortization table showing you the interest and principal paid for each payment. Key to the heart of the mortgage program is ...
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Loan Amortization + Details - Home & Personal
... This program is a version of a standard loan payment schedule that may be used for any type loan where simple interest is the type used. It is not limited to mortgage loans. It will run under Win 95, 98, Me, NT4,XP, & 2000. This program will calculate and print a complete amortization schedule for loans with any term from 1 to 30 years. The amount of interest paid during any calendar year is also calculated for your use at tax time.
Printouts are professional looking and may be used by ...
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