LoanAmortizer Professional is a loan amortization, payment schedule preparation and printing application suitable for personal and business use.
The Professional Edition features a simple interface with extras including:
- 10 payment frequencies
- 10 compounding periods
- Normal (Actuarial) and US Rule(Simple) amortization methods
- Regular and Canadian mortgage Interest type calculations
- 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
- 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.
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