This software helps in loan and mortgage amortization as well as creating payment schedules for financial purposes.
Are you in need of a financial tool for loan and mortgage amortization, as well as payment schedule preparation? Look no further than LoanAmortizer (Professional Edition). This program offers a variety of features to help you calculate interest rates, the number of payments, the periodic payment amount, and more.
One of the most useful features of LoanAmortizer is the ability to insert any type of balloon payment wherever needed in the amortization schedule. You can also prepare a mortgage amortization schedule with the prepaid interest amount and finance charges included.
For added convenience, you can create and print coupons for each payment in any amortization schedule, and even design and print your own coupon books. Plus, the program offers file management functions for easy saving and reference of any amortization schedule.
LoanAmortizer also allows for flexibility in payment frequency and compounding period, including the option to amortize a mortgage in decades but pay in months. And with compliance to U.S. Regulation Z, including Appendix J regarding interest calculation, you can trust that this program handles multiple amortization methods such as the Simple (U.S. Rule) and Normal (Actuarial).
Overall, LoanAmortizer (Professional Edition) is a comprehensive financial tool that can be a valuable asset to anyone in need of loan or mortgage assistance.
One of the most useful features of LoanAmortizer is the ability to insert any type of balloon payment wherever needed in the amortization schedule. You can also prepare a mortgage amortization schedule with the prepaid interest amount and finance charges included.
For added convenience, you can create and print coupons for each payment in any amortization schedule, and even design and print your own coupon books. Plus, the program offers file management functions for easy saving and reference of any amortization schedule.
LoanAmortizer also allows for flexibility in payment frequency and compounding period, including the option to amortize a mortgage in decades but pay in months. And with compliance to U.S. Regulation Z, including Appendix J regarding interest calculation, you can trust that this program handles multiple amortization methods such as the Simple (U.S. Rule) and Normal (Actuarial).
Overall, LoanAmortizer (Professional Edition) is a comprehensive financial tool that can be a valuable asset to anyone in need of loan or mortgage assistance.
What's New
Version 3.0: N/A