Biweekly Amortization+
Version 1.2
Shareware
$8.00
0 downloads
Biweekly Amortization+ This program is a 16 bit version
of a biweekly payment schedule that demonstrates the
effect of reducing the term and interest amount of a
loan. It will run under Win3.1.
By making a loan payment every two weeks of half of the
monthly payment, 26 payments are made each year. This
program 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.
of a biweekly payment schedule that demonstrates the
effect of reducing the term and interest amount of a
loan. It will run under Win3.1.
By making a loan payment every two weeks of half of the
monthly payment, 26 payments are made each year. This
program 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.
Program details
Publisher
Bent Tree SoftwareE-mail
Contact the publisherHome page
http://www.benttreesoftware.com/Platforms
Windows 3.x OnlyFile size
1218 KBFile date
5/15/2001License
SharewareRecord updated
5/28/2001
