Description
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 advantages and pitfalls of using this type of financing.
5. Loanamor.EXE - This program is a standard amortization schedule which displays annual interest paid for your use at tax time.
It Can also be used for any simple interest loan with multiple payment periods. 6.
Maxmtge.EXE - A mortgage qualifier for either a fixed- rate or variable-rate mortgage. It shows how large a mortgage you qualify for.
7. Refinanc.EXE - This program demonstrates advantages to refinancing your existing mortgage.
Conditions under which you should consider refinancing are presented. 8.
Varimtge.EXE - You can use this program to either investigate or track a variable-rate mortgage or to project the payout of this type mortgage.
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 advantages and pitfalls of using this type of financing.
5. Loanamor.EXE - This program is a standard amortization schedule which displays annual interest paid for your use at tax time.
It Can also be used for any simple interest loan with multiple payment periods. 6.
Maxmtge.EXE - A mortgage qualifier for either a fixed- rate or variable-rate mortgage. It shows how large a mortgage you qualify for.
7. Refinanc.EXE - This program demonstrates advantages to refinancing your existing mortgage.
Conditions under which you should consider refinancing are presented. 8.
Varimtge.EXE - You can use this program to either investigate or track a variable-rate mortgage or to project the payout of this type mortgage.