Balloon Amortization+ 1.2

Date Added: August 31, 2008 | Visits: 1.373

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This program is 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.

Requirements: No special requirements

Platforms: Windows 95, Windows 98, Windows Me, Windows XP

Users rating: 0/10

License: Shareware

Cost: $12.00 USD

Size: 1.18 MB

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