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.
Features:

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.
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
|
|