This program is a version of 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. It will run under Win 95, 98, Me, NT4,XP, & 2000. 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.... Bent Tree Software :: Personal Finance :: Mortgage :: loan :: amortization :: compare loans :: software :: shareware :: balloon amortization :: Balloon Amortization +