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TAG: payment, biweekly, program, mortgage, amortization, , biweekly amortization, Best Search Category: free registry cleaner, registry scan, registry cleaner, registry clean, registry fix, pc registry, registry cleaner spyware, computer repair software, pc tools, system utilities, expense report software, software call center, software as a service, tech support software, software manager
License / Price:
Shareware / 8.00 $
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Category :
Business
/ Business Finance
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Requirements :
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Publisher / Limitations:
Bent Tree Software / |
Size / Last Updated:
1206KB / 2008-02-13 |
TAG: payment, biweekly, program, mortgage, amortization, ,
biweekly amortization,
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Operating System:
Win95, Win98, WinME, WinNT 3.x, WinNT 4.x, Windows2000 |
Download:
Download
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Publisher's description - Biweekly Amortization +
Program Description: BIWEEKLY AMORTIZATION
THE BANKERS' SECRET IS REVEALED!!!
This program is a version of a biweekly payment schedule that demonstrates the effect of reducing the term and interest amount of a loan. It will run under Win 95, 98, Me, NT4, XP & 2000. By making a loan payment every two weeks of half of the monthly payment, 26 payments are made each year. This program demonstrates the savings available to you if you pay your mortgage every other week instead of monthly and
are CREDITED THE PAYMENT by the lending institution at the time of payment.
Printouts are professional looking and may be used by financial planners as the program contains a "prepared by:" area and may also 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.
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