This program is a version of a balloon payment schedule that demonstrates the effect of reducing initial payments and either making a large payment at the end of the balloon period or refinancing the loan. It will run under Win 95, 98, Me, NT4,XP, & 2000. Bankers are currently touting mortgages with a one to five year balloon.
What they don't tell you is that the interest is usually based on a 30 year term.
Version 1.2
1.21 MB
Cost: $8.00
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Supported Operating Systems:
Win95
Win98
WinME
WinNT 3.x
WinNT 4.x
Windows2000
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Balloon Amortization + Product Homepage Software Developer
Bent Tree Software
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