Description of Variable Rate Mortgage+ program from Softdepia.com:
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! Subsidue your mortgage and receive credit for the increased interest you pay on a 30 year loan! The main idea is that if the buyer can afford the monthly payments for the shorter term (and would invest the difference in monthly payments according to the instructions), in some cases it would be more advantageous to obtain 30-years mortgage. The software supplies you with clear printouts of all the deductions and countings. Consider 15 VS 30 Year Mortgage software, don't miss the opportunity and benefit from it!
Description of Variable Rate Mortgage+ program from developer:
Program Description: VARIABLE RATE MORTGAGE
Confused about ""Teaser Rates"", maximum annual interest rate increases and maximum interest rate for the term of the loan? This program is a variable rate mortgage loan. This program demonstrates the worst-case scenario of a variable rate loan. This program also allows
for an analysis of the effect of different loan rates applied over the length of the loan or it may be used to actually track a loan repayment. Check your forecasting ability with the "What If?" portion of this program.
Printouts are professional looking and may be used by financial planners as the program contains a "prepared by:" area. Financial planners may also use this program to advise a client on the advisability of purchasing this type mortgage as opposed to a standard simple interest loan.
Variable Rate Mortgage+ is a "Free to try" program. You can download and try it for an evaluation period.
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