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LoanAmortizer Professional Edition
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Version
3.1
LoanAmortizer Professional Edition is one of the most
functional, most complete and professional financial
tools for loan and mortgage amortization and payment
schedule preparation that runs on
Windows95/98/2000/ME/NT and XP. LoanAmortizer
Professional Edition helps you calculate interest
rate, loan/mortgage amount (Canadian mortgages as
well), number of payments, periodic payment amount and
any other loan calculations instantly. Once any
amortization schedule is prepared it can be saved in a
file for future reference, comparison or archive. You
can insert any type of balloon payment anywhere in the
amortization schedule or prepare a mortgage
amortization schedule with the respective prepaid
interest amount and finance charges. The mortgage can
also be amortized in decades but paid in months. You
can also prepare amortization schedule, view it and
print it in virtually no time.
LoanAmortizer Professional Edition allows you to
prepare and print coupons applicable to each payment
in a certain amortization schedule and even print your
own coupon book by selecting a special uneven printing
order. That uneven print order will later let you cut
and make your customized payment coupon book. Canadian
Mortgage calculations are also implemented in
LoanAmortizer Professional Edition, both for mortgage
and regular loans .
LoanAmortizer Professional Edition is one of the few
loan amortization and schedule preparation programs
that complies with the provisions of the complete U.S.
Regulation Z, and especially Appendix J, regarding
interest calculation. LoanAmortizer Professional
Edition handles multiple amortization methods - Simple
(U.S. Rule) and Normal (Actuarial). LoanAmortizer
Professional Edition can combine any payment frequency
with any compounding period.
LoanAmortizer Professional supports fiscal year
start/end management - this feature allows the users
to select the beginning and the end of the fiscal year
while printing the amortization schedules.
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