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effect of reducing initial payments
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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.
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Buy ($8.00) / Download (1.2 MB)
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| Download |
Avg. User Rating |
Overall |
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1%
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-
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1%
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| 78 / 5 (total / last month) |
| 14-03-2005 04:39:20 GMT |
| 05-05-2001 |
| English |
| Win95, Win98, WinME, WinNT 3.x, WinNT 4.x, Windows2000 |
| 386 or better, 8 Mb RAM |
| Install Only |
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