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.
What's New in this Release: Upgrade PAD file
Link to Variable Rate Mortgage+ sample code
Platform: Win2000,Win7 x32,Win98,WinOther,WinVista,WinXP,Other
License: Free To Try
Home & Hobby::Personal Finance
Date Added: Jan 31, 2009
Last check for an update: Sep 24, 2016
Last version date: Jan 13, 2011
Page Visit: 155
Malware Status: Clean