Balloon Amortization +
Bent Tree Software
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. Balloon Amortization + is a shareware developed by Bent Tree Software and listed in personal finance software.
Price: $8.00
Version: 1.2 Released: 5/5/2001
Size: 1.21 MB
Platform: Windows 95, 98, ME, NT 3.x, NT 4.x, Windows 2000
Download Link: Download
Keywords: demonstrates reducing initial personal finance amortization loan effect mortgage compare loans balloon amortization payments
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