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Program Description: This program is a compendium of 8 mortgage type programs.They include: 1. Addedpmt.EXE - A program illustrating
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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.
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