15 vs 30 Year Mortgage 1.2
Program Description: 15 VS 30 YEAR MORTGAGE
This program is a version that allows you to compare a 15 year mortgage with one that has a duration of 30 years. If you itemize deductions, then you know the IRS allows you to deduct mortgage interest. This subsidizing of a mortgage means you can receive credit for the increased interest you pay on a 30 year loan. The basic premise of this evaluation is that if
the buyer could afford the monthly payments for the shorter term (and would invest the difference 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. Printouts are
professional looking and may be used by financial planners as they contain a \"prepared by:\" area. This program may also be useful to lending institutions in advising a client on the term of a mortgage.
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Released: 04 Mar 2008
File Size: 1232 Kb
License: Shareware
Download: Free Trial
Downloads: 17
Price: 12.00 USD
Language: English
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OS: Win95 Win98 WinXP
Homepage: 15 vs 30 Year Mortgage
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