Biweekly Amortization + - Version 1.2 Program Description: BIWEEKLY AMORTIZATIONTHE BANKERS' SECRET IS REVEALED!!! This program is a 16 bit version of a biweekly paymentschedule that demonstrates the effect of reducing theterm and interest amount of a loan. It will run underWin 95, 98, Me, NT4, 2000 & XP. By making a loanpayment every two weeks of half of the monthly payment,26 payments are made each year. This programdemonstrates the savings available to you if you payyour mortgage every other week instead of monthly and are CREDITED THE PAYMENT by the lending institution atthe time of payment. Printouts are professional looking and may be used byfinancial planners as the program contains a "preparedby:" area and may also be useful to them in advising aclient on this method of mortgage payment bydemonstrating the effect this type of mortgage has onthe term of the loan as well as the total amount ofinterest paid.