Mortgages+ 1.2
rogram 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.
