Balloon Amortization + 1.2
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.
...calculators related to loans and debt. Loan...accelerated extra payments, balloon payments, amortization schedule...
...compendium of 8 mortgage type programs.They include:...is a standard amortization schedule which displays...Maxmtge.EXE - A mortgage qualifier for either...how large a mortgage you qualify for....track a variable-rate mortgage or to project...
...There is an amortization schedule as well...
...payment schedule. This Amortization Loan Software can...up to 30 balloon payments, if you...any. The Appreciation Software is also included...
...entity types supported. Software prices start at...$39. This software suite includes 5...and comparable properties. Amortization (Loan) Software -...up to 30 balloon payments. SCF -...Startup Cash Flow Software analyzes projected startup...