Mortgages

Mortgages - Program Description: This program is a compendium of 8mortgage 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 thereduced loan period with this type mortgage.4. 1530mtge.EXE - A program that displays and lists theadvantages and pitfalls of using this type of financing.5. Loanamor.EXE - This program is a standard amortizationschedule 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 showshow 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.

Related:
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