LoanAmortizer product line is a set of business and personal loan
amortization management software tools. It offers three software
applications that can amortize a loan or a mortgage, prepare amortizations
schedule, visualize it on a computer screen or print it on a hard
copy by printer. Each program also has guidance advices and resources
designed to help you manage you existing loans and achieve better
and less expensive payout results.
Using LoanAmortizer you can save time and efforts while organizing
and managing your existing loans and mortgages. You can easily create
comparison scenarios to best fit your or your clients needs to the
available financing or budgets.
LoanAmortizer helps you calculate interest rate, loan/mortgage
amount, number of payments, periodic payment amount and any other
loan calculations instantly. Once any amortization schedule is prepared
it can be saved in a file for future reference, comparison or archive.
You can insert any type of balloon payment anywhere in the amortization
schedule or prepare a mortgage amortization schedule with the respective
prepaid interest amount and finance charges. The mortgage can also
be amortized in decades but paid in months. You can also prepare
amortization schedule, view it and print it in virtually no time.
Everything is completed automatically, accurately and is easy and
simple to be used and handled.
LoanAmortizer 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.
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. Changes in the Interest Rate or additional
payments can also be entered in the schedule on dates other than
the ones initially specified by the original loan amortization schedule.
LoanAmortizer Standard Edition is a loan amortization and payment schedule preparation
and printing application suitable for personal and business use.
The Standard Edition incorporates a simple interface with a lot
of features, clean and neat schedule printout and Help functions.
LoanAmortizer 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.The application 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.
LoanAmortizer Enterprise Edition is loan operations management application suitable
for business use. Can also be very useful in any household with
active loans. Besides the standard LoanAmortizer features 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.
Click here for detailed
comparison of the functional differences between the LoanAmortizer
The retail price of LoanAmortizer Standard Edition for online distribution is
$19.95, LoanAmortizer Professional Edition is $39.95 and LoanAmortizer Enterprise Edition is $99.
Each program can also be obtained on a CD ROM. Additional cost of
$14.95 applies when LoanAmortizer is purchased on a CD. All three
programs have very flexible discount schemes to fully satisfy multiple
Yes, of course. You can upgrade to any higher in features LoanAmortizer
by purchasing the desired functionality level application at a discounted
No, there is no version for Macintosh.