Balloon Amortization+ Free Download
Balloon Amortization+ Free Download.
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.
Balloon Amortization+ keywords: personal finance, mortgage, loan, amortization, compare loans, software, shareware, balloon amortization
Added Payment Amortization+
This program is 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. You will reduce the term of the loan and gain equity in your home at a faster pace.
Proper money management is a cornerstone of modern life. Credits, loans, dozens of credit cards. It's not easy to win this battle if you are not a master of your money. FineAnces will help you to track all your money transactions, loans and debts.
How much house can you afford? You might be pleasantly surprised. This program is a loan qualifier for either a fixed rate or a variable rate mortgage.
This program is a fixed sum annuity or pension payout schedule. This program will demonstrate the length of time your annuity / pension payout will last at an inputted monthly withdrawal.
Programs include: annuity / pension payout, auto loan calculators, financial statement, growing money, retirement investment required, saving / pension growth, portfolio evaluator, portfolio fundamentals.