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15 vs 30 Year Mortgage - for Windows 95 or higher
1530mtge.EXE - A program that displays and lists the advantages and pitfalls of using either type of financing.
Description of 15 vs 30 Year Mortgage - for Windows 95 or higher:
Do you really think you're saving money with a 15 year fixed rate mortgage rather than one with a 30 year term. This program may change your mind. The basic premise of this evaluation is that if the buyer could afford the monthly payments for the shorter term (and would invest thedifference 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.
See Also: All products from Bent Tree Software
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