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Mortgages+ 1.2

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.

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• Program Description: This program is a compendium of 8 mortgage type programs.They include: programs include:added payment,ballooon amortization,biweekly amortization, 15vs30 year mortgage,loan amortization,maxmortgage,refinance it?,&variable rate mortgage
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