Program Description: BIWEEKLY AMORTIZATION
THE BANKERS' SECRET IS REVEALED!!!
This program is a biweekly payment schedule that demonstrates the effect of reducing the term and interest amount of a loan. By making a loan payment every two weeks of half of the monthly payment, 26 payments are made each year. This program demonstrates the savings available to you if you pay your mortgage every other week instead of monthly and are CREDITED THE PAYMENT by the lending institution at the time of payment.
Printouts are professional looking and may be used by financial planners as the program contains a "prepared by:" area and may also be useful to them in advising a client on this method of mortgage payment by demonstrating the effect this type of mortgage has on the term of the loan as well as the total amount of interest paid.
What's New in this Release: Upgrade PAD file
Link to Biweekly Amortization+ sample code
Platform: Win2000,Win7 x32,Win98,WinOther,WinVista,WinXP,Other
License: Free To Try
Home & Hobby::Personal Finance
Date Added: Apr 29, 2008
Last check for an update: May 25, 2017
Last version date: Jan 13, 2011
Downloads Total : 1
Downloads last 10 Days: None
Page Visit: 132
Malware Status: Clean
Scan Date: May 05, 2008