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Biweekly Amortization+ 1.2



 

Biweekly Amortization+ 1.2

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Biweekly Amortization+ 1.2 Ranking & Summary

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User Review: 0 (0 times)
File size: 1.2 MB
Platform: Windows All
License: Shareware
Price: USD 12.00
Downloads: 391
Date added: 2008-10-05
Publisher: Bent Tree Software

Biweekly Amortization+ 1.2 description

Demonstrates the effect of reducing the term and interest amount of a loan.

Biweekly Amortization is a biweekly payment schedule that demonstrates the effect of reducing the term and interest amount of a loan. If you make a loan payment every two weeks with half of the monthly payment, you will make 26 payments each year.
Biweekly Amortization demonstrates the savings available to you if you pay your mortgage every other week instead of monthly and are CREDITED THE PAYMENT by the lending institution at the time of payment.
Printouts are professional looking and may be used by financial planners as the program contains a "prepared by:" area and may also be useful to them in advising a client on this method of mortgage payment by demonstrating the effect this type of mortgage has on the term of the loan as well as the total amount of interest paid.
Version restrictions:
- Nag screen
- Unregistered watermark in all printouts

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