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15 vs 30 Year Mortgage + : program compares 15 year vs 30 year mortgage
15 vs 30 Year Mortgage + 2.1
Quick Description: (Read All)
If you invest properly, a 30 year mortgage may be adviseable and more economical

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Source: www.benttreesoftware.com
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Category: Business (Rank: 823 / 1,823): Accounting & Finance (Rank: 58 / 132)
Downloads: 759 This Week (Rank: 7,497 / 15,688) / 3864 Total (Rank: 9,900 / 15,688)
Developer: Bent Tree Software
Software Home Page: http://www.benttreesoftware.com/mortgage.htm
License Type: Shareware ($8.00)
Language: English
Most Recent File Validation (?): Wed, February 6th, 2008 3:55 AM CST
OS: Win95,Win98,WinME,WinNT 3.x,WinNT 4.x,Windows2000,WinXP - Install Only.
System Requirements: 8 Mb RAM 386 or better


Full Description:
Program Description: 15 VS 30 YEAR MORTGAGE This program is a version that allows you to compare a 15 year mortgage with one that has a duration of 30 years. It will run under Win 95, 98, Me, NT4, XP, & 2000. If you itemize deductions, then you know the IRS allows you to deduct mortgage interest. This subsidizing of a mortgage means you can receive credit for the increased interest you pay on a 30 year loan. The basic premise of this evaluation is that if the buyer could afford the monthly payments for the shorter term (and would invest the difference in monthly payments according to the instructions), at certain rates of return on the investment it would be more advantageous to obtain the 30 year mortgage. Printouts are professional looking and may be used by financial planners as they contain a "prepared by:" area. This program may also be useful to lending institutions in advising a client on the term of a mortgage.



Keywords: personal, finance, mortgage, loan, amortization, compare, loans, software


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