Home > Finance::Finance Calculators, Currency Converters > Biweekly Amortization+
Simtel Spotlight Programs
Biweekly Amortization+
| Web Site: | Biweekly Amortization+ |
| Author: | Bent Tree Software |
| Categories: | Finance::Finance Calculators, Currency Converters Home & Hobby::Personal Finance |
| Downloads: | 2057 |
| File Size: | 0 |
| Release Date: | May 11, 2001 |
| Operating Systems: | Win 95/98/ME, Win 2000/NT, Windows XP, Windows Vista |
| System requirements: |
| $12.00 |
|
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.