15 vs 30 Year Mortgage and

Details

• Downloads: 33
• Publisher: Bent Tree Software
• Release Date: 2001-05-20
• License: Shareware
• Price: $8
• Operating System: Win 3.1x, Win95, Win98, WinME, WinNT 3.x, WinNT 4.x, Windows2000
• Version: 1.2
• Size: 1213 kb

Publisher

Bent Tree Software

Website

http://www.benttreesoftware.com/

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.

Download 15 vs 30 Year Mortgage and

15 vs 30 Year Mortgage and Homepage

Keywords

• personal finance
• mortgage
• loan
• amortization
• compare loans
• software
• shareware

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