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Variable Rate Mortgage+ software application by Bent Tree Software about program, variable, mortgage, interest, description and more.
Version: 1.2 Release: 03/11/2008 OS: Win95,Win98,WinME,WinXP,Windows Vista Home Basic,Windows Vista Business,Windows Type: Shareware Size: 1210 kB Price: $12.00
Keywords: Personal Finance, Mortgage, loan, amortization, compare loans, software, shareware,variable rate
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.
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