Description of Mortgages+ program from Softdepia.com:
Mortgages + is a wonderful program, a full-features set of 8 highly usable mortgage type programs. With this powerful application you will be able to totally control all your mortgages and always be aware of any mortgage payments to come! The software features the following programs: - Added Payment Amortization + is is a wonderful feature-rich powerful software application, that demonstrates the effect of added payments to reduce the term of a loan and the amount of the interest paid.
- Balloon Amortization + is a newly developed software application, that shows quite clearly the influence of reducing the small initial payments on the large final baloon payment or refinancing the loan.
- Biweekly Amortization + clearly demonstrates the effect of reducing the term and interest amount of a loan. Make payments every two weeks and see the savings available to you!
- 15 VS 30 Year Mortgage is a wonderful smart software that enables you to compare 15-years mortgage with the one that has a duration of 30 years. Count your mortgage interests itemizing your deductions!
- Loan Amortization + software application is a wonderful new version of standard loan payment schedule, which might be used by any type loan where the simple interest is applied
- Max Mortgage + is a version of loan qualifier for either a fixed rate or a variable rate mortgages it will help you to easily understand what fixed rate and variable rate mortgage can be approved for you
- Refinance it? is a version of a mortgage refinancing evaluation. When current mortgage interest rates are 2 or more percentage points below your existing rate, it may be advisable to refinance your existing mortgage
- Variable Rate Mortgage + is a version of a variable rate mortgage loan created to show the worst-case scenario of any rate loan.
Description of Mortgages+ program from developer:
Program Description: This program is a compendium of 8
mortgage type programs.They include:
1. Addedpmt.EXE - A program illustrating the effect of
additional payments for reducing interest
paid and the term of a loan.
2. Balloon.EXE - A program that explores the use of this
type mortgage.
3. Biweekly.EXE - This program calculates and displays the
reduced loan period with this type
mortgage.
4. 1530mtge.EXE - A program that displays and lists the
advantages and pitfalls of using this
type of financing.
5. Loanamor.EXE - This program is a standard amortization
schedule which displays annual interest
paid for your use at tax time. It Can
also be used for any simple interest
loan with multiple payment periods.
6. Maxmtge.EXE - A mortgage qualifier for either a fixed-
rate or variable-rate mortgage. It shows
how large a mortgage you qualify for.
7. Refinanc.EXE - This program demonstrates advantages
to refinancing your existing mortgage.
Conditions under which you should
consider refinancing are presented.
8. Varimtge.EXE - You can use this program to either
investigate or track a variable-rate
mortgage or to project the payout of
this type mortgage.
Mortgages+ is a "Free to try" program. You can download and try it for an evaluation period.
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