Balloon Amortization+ 1.2 review

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demonstrates the effect of reducing initial payments

License: Shareware
OS: Windows Vista / 7 / 8 / 10
File size: 1209K
Developer: Bent Tree Software
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Price: $12.00
Updated: 18 Sep 2011
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This program is a balloon payment schedule that demonstrates the effect of reducing initial payments and either making a large payment at the end of the balloon period or refinancing the loan. Bankers are currently touting mortgages with a one to five year balloon. What they don't tell you is that the interest is usually based on a 30 year term which, unless you know "THE NUMBERS" can result in a shock to your system.

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