Added Payment Amortization+

Business & Finance > Personal Finance
Name: Added Payment Amortization+
Status: Free to try, available for download
Version: 1.2
Platform: Windows 9x/ME/NT/2K
Size: 1.20 MB
Author: Bent Tree Software
Published: Mar 05, 2008
Statistics: Added Payment Amortization+
E-mail: See inside the software
Home Page: Bent Tree Software
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Description of Added Payment Amortization+ program from Softdepia.com:

Added Payment Amortization is a wonderful feature-rich powerful software application, a version of an added payment schedule that demonstrates the effect of added payments to reduce the term of a loan and the amount of the interest paid.

As you know, when you make additional payments when paying your monthly mortgage loan, you reduce the term of the loan and quit paying much faster. The program offers the printouts that are quite professional and nice-looking and may be used by financial planners as they contain a "prepared by" area and may be useful for advising a client on this method of mortgage payment by demonstrating to them the effect this type of payment has on the term of the loan as well as the total amount of the interest paid. Consider Added Payment Amortization program and check all its remarkable qualities!

Description of Added Payment Amortization+ program from developer:

This program is an added payment schedule that demonstrates the effect of added payments to reduce the term of a loan and also reduce the amount of interest paid. By making additional principal payments when paying yourmonthly mortgage, you will reduce the term of the loan and gain equity in your home at a faster pace. If you decide to utilize this method of payment, be sure that the bank or other lending institution credits the amount against the principal of the loan each month. Printouts are professional looking and may be used by financial planners as they contain a "prepared by:" area and may be useful for advising a client on this method of mortgage payment by demonstrating to them the effect this type of payment has on the term of the loan as well as the total amount of interest paid.

Added Payment Amortization+ is a "Free to try" program. You can download and try it for an evaluation period.


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