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Home > Home & Hobby > Personal Finance > 1530Mtge

1530Mtge 1.2

If you invest properly, a 30 year mortgage may be adviseable and more economical

Version:1.2 Date Added:Feb 4, 2010
File Size:1.20MB Downloads: 43
License:Shareware , $12 to buy
System:Windows 2000/7 x32/98/Vista/XP/Other, Other
Limitations:
Publisher:Bent Tree Software , More products
Requirements:

Price: US$12.00


File size: 1.20MB


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1530Mtge
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1530Mtge Publisher Description

15 VS 30 YEAR MORTGAGE 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. Printouts are professional looking and may be used by financial planners as they contain a "prepared by:" area.

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15 VS 30 YEAR MORTGAGE 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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TAGS OF 1530MTGE

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