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home > Free Download - 15 vs 30 Year Mortgage 1.2 - Finance Calculators, Currency Converters - Simtel.net
15 vs 30 Year Mortgage

15 vs 30 Year Mortgage 1.2


Quick Facts
 Buy 15 vs 30 Year Mortgage NowDownload a free trial of 15 vs 30 Year Mortgage

Web site:  Visit the 15 vs 30 Year Mortgage web site
Author:  Bent Tree Software
Categories:  Finance Calculators, Currency Converters
Downloads:  930
Average User Rating:  N/A
Rated by:  0
File Size:  1.20 MB
Release Date:  Oct 15, 2001
Supported languages:  English
Operating Systems:  Windows 95/98/ME/NT4/2000
System requirements:  No special requirements

Description by publisher
Program Description: 15 VS 30 YEAR MORTGAGEThis program is a 16 bit 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, & 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.
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