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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 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.
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