Software related to compare-loans
How much house can you afford? You might be pleasantly surprised. This program is a loan qualifier for either a fixed rate or a variable rate mortgage.
This program is an added payment schedule that demonstrates the effect of added payments to reduce the term of a loan and also reduce the amount of interest paid. You will reduce the term of the loan and gain equity in your home at a faster pace.
This program is 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.
This program is a mortgage refinancing evaluation. When current mortgage interest rates are 2 or more percentage points below your existing rate, it may be advisable to refinance.This analysis shows whether it is to your advantage to refinance.
This program is a biweekly payment schedule that demonstrates the effect of reducing the term and interest amount of a loan. By making a loan payment every two weeks of half of the monthly payment, 26 payments are made each year.
This program is a standard loan payment schedule that may be used for any type loan where simple interest is the type used. It is not limited to mortgage loans. The amount of interest paid during any calendar year is also calculated.
programs include:added payment,ballooon amortization,biweekly amortization, 15vs30 year mortgage,loan amortization,maxmortgage,refinance it?,&variable rate mortgage
Confused about ""Teaser Rates"", maximum annual interest rate increases and maximum interest rate for the term of the loan? This program is a variable rate mortgage loan schedule.
Confused by all the "hype" about rebates, low interest loans, or "Rule of 78" versus simple interest loans? This program includes most of the current types of financing available for automobile loans.
Program Description: 15 VS 30 YEAR MORTGAGE This program is a version that allows you to compare a 15 year mortgage with one for 30 years. Printouts are professional looking and may be used by financial planners and mortgage institutions.
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