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Variable Rate Mortgage+ 1.2
Publisher : Bent Tree Software
(More programs developed by Bent Tree Software)
(More programs developed by Bent Tree Software)
Title : Variable Rate Mortgage+ 1.2
Version : 1.2
Release date : Mar 11, 2008
Price : USD$12.00
Licence : Shareware
OS : Win95, Win98, WinME, WinXP, Windows Vista Home Basic, Windows Vista Business, Windows Vista Ultimate
System Requirements : No special requirements.
Keywords : Personal Finance, Mortgage, loan, amortization, compare loans, software, shareware, variable rate
Application URL : http://www.benttreesoftware.com/mortgage.htm
Size : 1.18 MB
Date added : Apr 15, 2008
Date updated : Sep 14, 2008
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Description:
Program Description: VARIABLE RATE MORTGAGEConfused 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. This program demonstrates the worst-case scenario of a variable rate loan. This program also allowsfor an analysis of the effect of different loan rates applied over the length of the loan or it may be used to actually track a loan repayment. Check your forecasting ability with the "What If?" portion of this program.Printouts are professional looking and may be used by financial planners as the program contains a "prepared by:" area. Financial planners may also use this program to advise a client on the advisability of purchasing this type mortgage as opposed to a standard simple interest loan.
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