LoanAmortizer Professional
is a powerful and handy tool to generate amortization schedules
for loans and mortgages with prepaid finance charges or balloon
payments. You can also print coupon books or set late charges
flags.
LoanAmortizer Professional is a loan amortization and payment
schedule preparation and printing application suitable for
personal and business use. The Professional Edition features
a simple interface with a lot of extras including 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. The program has a clean reporting system
presenting detailed information for the amortization schedule
specifics as well as the annual loan status.
LoanAmortizer Professional also features payment coupon
book preparation and printing,loan payment late fees tracking
and reminding, and the ability to input prepaid finance
charges as a percentage of the Loan Amount or as a fixed
amount. The program also allows balloon payments management
as a final payment at the end of the payment schedule or
just a lump sum within the amortization schedule. Install
/Uninstall and Help functions included. The Professional
Edition runs under Windows 95/98/2000/ME/XP and NT4.
LoanAmortizer Professional 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, both for mortgage and regular
loans .
LoanAmortizer Professional 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 handles multiple amortization methods - Simple
(U.S. Rule) and Normal (Actuarial). LoanAmortizer Professional
can combine any payment frequency with any compounding period.
LoanAmortizer Professional is the most flexible and powerful
loan amortization program that is easy to work with. The
extensive and informative help documentation makes the work
with it not only easy but pleasant too.
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.
The new LoanAmortizer Professional allows a new late fees
setup where the late fees can be defined as a percentage
of the delayed payment, set as a number or as a percentage
of the payment but not exceeding a certain figure.
LoanAmortizer Professional has a network supporting functions
with file locking module that makes it ideal to work in
a Network Environment where many copies of the program on
different computers share one location for LoanAmortizer
working files keeping.
You need one license for each computer you have in the
office and that you want to use our program onto (no matter
whether working in LAN or not). Check out our volume discount
policy.
LoanAmortizer Professional combines many standard, specific
and unique features to be as powerful and easy to be used
as it is.