Added payment amortization reduce term ofa loan and lower interest. Program runs under Win 95,98,Me, XP.
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Added Payment Amortization
reduce term ofa loan and lower interest. Program runs under Win 95, 98, Me, XP.
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This program is a version of an added payment schedule that demonstrates the effect of added payments to reduce the term of a loan and also reduce the amount of interest paid. It will run under Win 95, 98,XP, 2000. By making additional principal payments when paying yourmonthly mortgage, you will reduce the term of the loan and gain equity in your home at a faster pace.
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