effect of reducing initial payments

Balloon Amortization + 1.2

by Bent Tree Software
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Balloon Amortization + 1.2 100% Safe Certified 5 Stars
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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Balloon Amortization + Info
Downloads: 13 / 1 (year / month)
Updated: 14-03-2005 04:39:20 GMT
Released: 05-05-2001 
Language: English 
Platform: Win95, Win98, WinME, WinNT 3.x, WinNT 4.x, Windows2000 
Requirements: 386 or better, 8 Mb RAM 
Install: Install Only 
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