Variable Rate Mortgage + - Version 1.2 Program Description: VARIABLE RATE MORTGAGEConfused about ""Teaser Rates"", maximum annualinterest rate increases and maximum interest rate forthe term of the loan? This program is a 16 bit versionof a variable rate mortgage loan. It will run underWin 95, 98, Me, NT4,2000, & XP. This programdemonstrates the worst-case scenario of a variable rateloan. This program also allows for an analysis of theeffect of different loan rates applied over the lengthof the loan or it may be used to actually track a loanrepayment. Check your forecasting ability with the"What If?" portion of this program. Printouts are professional looking and may be used byfinancial planners as the program contains a "preparedby:" area. Financial planners may also use thisprogram to advise a client on the advisability ofpurchasing this type mortgage as opposed to a standardsimple interest loan.