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15 vs 30 Year Mortgage + 2.1

Program Description: 15 VS 30 YEAR MORTGAGE This program is a version that allows you to compare a 15 year mortgage with one that has a duration of 30

years. It will run under
Win 95, 98, Me, NT4, XP, & 2000. If you itemize deductions, then you know the
IRS allows you to deduct mortgage interest. This subsidizing of a
mortgage means you can receive credit for the increased interest you
pay on a 30 year loan. The basic premise of this evaluation is that if
the buyer could afford the monthly payments for the shorter term (and
would invest the difference in monthly payments according to the
instructions), at certain rates of return on the investment it would be
more advantageous to obtain the 30 year mortgage. Printouts are
professional looking and may be used by financial planners as they
contain a "prepared by:" area. This program may also be useful to
lending institutions in advising a client on the term of a mortgage.

Size	1.18 MB
License	Shareware
Price	8.00 USD
Category	Business & Finance / Personal Finance
Operating System	Win95,Win98,WinME,WinNT 3.x,WinNT 4.x,Windows2000,WinXP
Developer	Bent Tree Software

Program system requirements: 8 Mb RAM 386 or better

New in this version:Minor Update - PAD File

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File size 1.18 MB

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Tags: personal finance, mortgage, loan, amortization, compare loans, software, shareware,

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