This software provides financial assistance for loan and mortgage amortization and creates payment schedules.
LoanAmortizer (Enterprise Edition) is a financial tool that offers comprehensive loan and mortgage amortization and payment schedule preparation. This software is designed to make calculating interest rates, loan and mortgage amounts, the number of payments, the periodic payment amount, and other loan-specific variables effortless.
With the feature to add balloon payments at any point in the amortization schedule, users can customize their mortgage amortization schedule containing prepaid interest amounts and finance charges with ease. Moreover, one can generate and print coupons for each payment in the schedule, and even design and print their coupon books.
The program comes equipped with file management functions that allow users to archive, save, and compare any amortization schedule for future reference. The mortgage can be amortized in decades but paid in months, and users can combine any payment frequency and compounding period. LoanAmortizer also complies with U.S. Regulation Z and especially Appendix J concerning interest rate calculations. It supports multiple amortization methods such as the Simple (U.S. Rule) and Normal (Actuarial) methods.
Furthermore, this Enterprise Edition offers loan tracking, adjustable rate loans, network support, and improved loan scheduling. It ensures that businesses can take advantage of convenient features relevant to their operations, smoothly and efficiently. LoanAmortizer is a well-rounded financial software tool that is worth investing in for loan tracking and mortgage payment schedules.
With the feature to add balloon payments at any point in the amortization schedule, users can customize their mortgage amortization schedule containing prepaid interest amounts and finance charges with ease. Moreover, one can generate and print coupons for each payment in the schedule, and even design and print their coupon books.
The program comes equipped with file management functions that allow users to archive, save, and compare any amortization schedule for future reference. The mortgage can be amortized in decades but paid in months, and users can combine any payment frequency and compounding period. LoanAmortizer also complies with U.S. Regulation Z and especially Appendix J concerning interest rate calculations. It supports multiple amortization methods such as the Simple (U.S. Rule) and Normal (Actuarial) methods.
Furthermore, this Enterprise Edition offers loan tracking, adjustable rate loans, network support, and improved loan scheduling. It ensures that businesses can take advantage of convenient features relevant to their operations, smoothly and efficiently. LoanAmortizer is a well-rounded financial software tool that is worth investing in for loan tracking and mortgage payment schedules.
What's New
Version 4.0: N/A