Welcome to LoanAmortizer.com loan amortization and loan management software
web site. This is your complete and precise source for financial
software products and expertise. Walk in and explore the finest
software selection of award winning loan management and amortization
schedule preparation applications.
"Some amortization programs require you to have an MBA in
order to understand its usage and functionality. LoanAmortizer doesn't
fall in this category because it presents a clear, user-friendly
interface. You'll use drop-down menus to enter details such as amortization
method, contract date and interest rate types. The program instantly
crunches the numbers as you add a loan amount, interest rate and
periodic period. While it's a nice choice if you're shopping for
a loan, you'll especially love the program whenever you need to
re-examine an existing one."
LoanAmortizer helps you calculate interest rate, loan/mortgage amount (Canadian mortgages as well), 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. LoanAmortizer allows you to prepare and print coupons applicable to each payment in a certain amortization schedule and even print your own coupon book. The program also accommodates actual date and payment amount tracking as well as escrow fees setup and actual collection entries in a manual loan amortization schedule and 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. It also handles Adjustable Rate Loans ( known also as Variable Rate Mortgages) and escrow fees and taxes. 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, Install/Uninstall and Help functions included.
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