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Description by publisherLoanAmortizer 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.
It 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.
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