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LoanAmortizer Enterprise
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LoanAmortizer
Enterprise: the complete and most resourceful loan management
application suitable for any kind of business or individual
in need of a flexible and powerful financial tool. After building
the loan or mortgage amortization schedule you can track the
actual payments made, you can also change the loan parameters
in the course of the loan life, add additional sums, make
additional payments or use Adjustable Rate Loans to best suit
your needs. The users can easily change the interest rate
in the course of the loan when needed or set escrow fees,
print coupon books or recalculate manually or automatically
the payment schedule from a certain payment point.
LoanAmortizer Enterprise operations management application
suitable for business use. Can also be very useful in any
household with active loans. The application has as a standard
for the product line 10 payment frequencies, 10 compounding
periods, Normal (Actuarial) and US Rule(Simple) amortization
methods, Regular and Canadian mortgage Interest type calculations
and 6 types of interest year calculations. It also accommodates
actual date and payment amount tracking, Adjustable Rate Loans,
coupon book preparation and printing as well as escrow fees
setup and actual collection entries in a manual loan amortization
schedule. The program allows loan and payment schedule visualization
with regular, early or late payments display as well as annual
representation of the loan over the years and loan charts
for easier understanding and loan details checking.
Complete management of the data columns for the computer
screen or the printout is also in place. The program has
a clean reporting system presenting detailed information
for the amortization schedule specifics as well as the annual
loan status. Install /Uninstall and Help functions included.
Runs under Windows 95/98/2000/ME/XP and NT4 psdk03.
Tracking Loans
After a loan is created (constructed) and all its input
parameters are set, it can be saved and the actual payments
made later can be entered into the Loan Schedule. You can
also enter additional draws and amounts added to the initial
principal amount as well as any changes of the interest
rate of the loan on dates from the initial loan amortization
schedule or any other physical date. Additional payments
can also be entered in the schedule on dates other than
the ones initially specified by the original loan amortization
schedule. All additional changes needed to be done on an
already constructed (created) loan are executed directly
in the "Loan schedule".
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