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.

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".

Adjustable Rate Loans

The option for changing the interest rate of the loan at a certain date allows the use of the LoanAmortizer Enterprise for creating, servicing and monitoring of Adjustable Rate Loans ( known also as Variable Rate Mortgages). The change of the interest rate, as well as the option of adding additional draws and payments breaks the normal payment plan of the loan the way it was initially set and arranged. A new command for recalculating of the periodic payment and the whole schedule after a certain date is added, to secure the equilazation of the periodic payment amount and the payment schedule to the point of its payoff.

Loan Schedule

In contrast to the other two editions of the LoanAmortizer, The Enterprise Edition shows all transactions that have to be performed or that are already done in the loan schedule. These transactions include the initial draw of the loan, the initially contracted and negotiated periodic payment amounts, all additional draws and payments, interest rate changes as well as the transactions for capitalizing of the interest (if the Amortization method is Actuarial).

Escrow accounts and late fees

One of the new features of the new LoanAmortizer Enterpriseis the Escrow accounts setup and management with the respective taxes and insurance payments collections. That escrow payments are shown in the amortization schedule in an additional column and are editable since it is highly probable that the clients can bring short payments, be late or bring more money. There is another additional column in the Loan schedule showing total payment amount for the period - that will be Interest, principal and escrow fees as one sum.

LoanAmortizer Enterprise 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.

LoanAmortizer Enterprise 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.

Network Support

LoanAmortizer Enterprise 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).

Completely New Application interface:

The main operational window of the LoanAmortizer Enterprise always shows one of the three loan descriptive pages:

The input and output parameters of the loan are separated in two different windows, which can be displayed from the "View menu". They can be used and set as separate stay-on-top windows, they can be "dragged and dropped" anywhere around the main operational window.

LoanAmortizer Enterprise 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 Enterprise handles multiple amortization methods - Simple (U.S. Rule) and Normal (Actuarial). LoanAmortizer Enterprise can combine any payment frequency with any compounding period. LoanAmortizer Enterprise is the most flexible and powerful loan amortization program that is easy to work with.

LoanAmortizer Enterprise combines many standard, specific and unique features to be as powerful and easy to be used as it is. Here are some of them:

Amortization Method	Interest Type
Normal (Actuarial) US Rule (Simple)	US Regular Canadian Mortgage
Interest Year	Payment Frequency
360 US Method 360 European Method 364 365 366 Actual / 360	Daily Weekly Bi-weekly Half Monthly Four Weekly Monthly Bi-monthly Quarterly Semi-annually Annually
Compounding Periods	Output Parameters
Daily Weekly Bi-weekly Half Monthly Four Weekly Monthly Bi-monthly Quarterly Semi-annually Annually	Total Payments Amount Financed Last Payment Date Total Interest Amount Nominal Interest Rate Annual Percentage Rate (APR) Effective Annual Rate Periodic Rate Daily Rate (per diem) Yield