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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.

programs include:added payment, ballooon amortization, biweekly amortization, 15vs30 year mortgage, loan amortization, maxmortgage, refinance it?, &variable rate mortgage

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Create custom loan layouts in MS Excel. Excel 2000 or higher required.

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