Balloon Amortization+ - demonstrates the effect of reducing initial payments
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.
What's New: Upgrade PAD file
TAGS: Personal Finance, Mortgage, loan, amortization, software, shareware

Balloon Amortization+ 1.2 is 100% clean
This download (balloon.EXE) was tested thoroughly and was found 100% clean. Click "Report Spyware" link on the top if you found this software contains any form of malware, including but not limited to: spyware, viruses, trojans and backdoors.

 

1. Financial Statement 13.0 13.0 - This program is arranged in an updated lending institution format.
2. Added Irregular Payments Amortization 1.2 - This program is an added payment mortgage amortization schedule.
3. Financial Statement+ 1.0 - This program is arranged in a typical lending institution format.
4. Growing Money+ 1.2 - This program is an analysis of the effect of savings over the long term.
5. Savings/Pension Growth+ 1.2 - shows you how compound interest affects your long-term savings
6. Loan Amortization+ 1.2 - standard loan payment schedule that may be used for any type loan
7. MaxMortgage 1.2 - How much house can you afford? You might be pleasantly surprised.
8. Refinance It? 1.2 - This program is a mortgage refinancing evaluation analysis.
9. Retirement Investment Required+ 1.2 - Shows you how much you need to invest monthly to reach retirement goals
10. Biweekly Amortization+ 1.2 - demonstrates the effect of reducing the term and interest amount of a loan.