program description: this
program is a compendium of 8
mortgage 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 the
reduced loan period with this type
mortgage.
4. 1530mtge.exe - a
program that displays and lists the
advantages and pitfalls of using this
type of financing.
5. loanamor.exe - this
program is a standard amortization
schedule 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 shows
how 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.