Loan Amortization+

I recently reviewed a program that provides a standard loan payment schedule for any type of loan that utilizes simple interest. It's worth noting that this program isn't just limited to mortgage loans. Additionally, it's designed to calculate and print a complete amortization schedule for loans with a term ranging from one to 30 years.

One noteworthy feature of this application is that it even calculates the amount of interest paid during any calendar year, which can be useful during tax time. The printouts generated by the software are also professional-looking, making it a great tool for financial planners. The program also includes a "prepared by:" area that can be used by financial planners for reference.

Lastly, this program can be useful to financial planners for advising clients about the method of mortgage payment. It can demonstrate how this mortgage type can impact the term of the loan, as well as the total amount of interest paid throughout the duration of the loan. Based on my experience reviewing this software, I can confidently recommend it to anyone in need of a loan payment schedule for any type of loan.