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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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Release Date:
Software Version:
Program Size:
Platform:
Download: |
5/5/2001
1.2
1.21 MB
Win95,Win98,WinME,WinNT 3.x,WinNT 4.x,Windows2000
Download Balloon Amortization + |