15 VS 30 YEAR MORTGAGE + Coupon Discount and Reviews

Version: 1.2

Release Date: 2001-05-20

Reviews (0)

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Company: Bent Tree Software

Category: Business

License: Shareware

Brief Description: program compares 15 year vs 30 year mortgage

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Full Description: 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.

File Size (MB): 1

File Name: 15 vs 30 Year Mortgage +

Keywords: Personal Finance, Mortgage, loan, amortization, compare loans,
software, shareware 15vs30yermortgage+

Additional Categories: Personal Finance

Program Release Status: Minor Update

Supported OS (Operating Systems): Win 3.1x, Win95, Win98, WinME, WinNT 3.x, WinNT 4.x, Windows2000

System Requirements: 8 Mb RAM 386 or better

Available Langugage(s): English

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