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Loan Amortization +
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Version
1.2
This program is a 16 bit version of a standard loan
payment schedule that may be used for any type loan
where simple interest is the type used. It is not
limited to mortgage loans. It will run under Win 95,
98, Me, NT4,2000, & XP. This program will calculate
and print a complete amortization schedule for loans
with any term from 1 to 30 years. The amount of
interest paid during any calendar year is also
calculated for your use at tax time.
Printouts are professional looking and may be used by
financial planners as the program contains a "prepared
by:" area and may also be useful to them in advising a
client on this method of mortgage payment by
demonstrating the effect this type of mortgage has on
the term of the loan as well as the total amount of
interest paid.
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