LoanAmortizer Standard Edition v3.0

LoanAmortizer Standard Edition is one of the most functional and most modern financial tools for loan amortization and payment schedule preparation that runs on Windows 95/98 and NT. The program is directed for use by anybody that has an outstanding loan at any financial institution around the world. Using LoanAmortizer Standard Edition, you can solve interest rate, loan amount, number of payments, periodic payment amount and any other loan calculations instantly. You can also prepare amortization schedule, view it and print it in virtually no time. Once any amortization schedule is prepared it can be saved in a file for future reference, comparison or archive. Everything is completed automatically, accurately and is easy and simple to be used and handled. Canadian Mortgage calculations are also implemented in LoanAmortizer Standard Edition, both for mortgage and regular loans . 

LoanAmortizer Standard Edition 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 Standard Edition works multiple amortization methods - Simple (U.S. Rule) and Normal (Actuarial). LoanAmortizer Standard Edition can combine any payment frequency with any compounding period. LoanAmortizer Standard Edition 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 Standard Edition has 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.

LoanAmortizer Standard Edition combines many standard, specific and unique features to be as powerful and easy to be used as it is. Here are some of them:

Amortization Method
 
Normal (Actuarial) 
US Rule (Simple)

Interest Year
360 US
360 European
364 
365 
365/360
366  


Payment Frequency

Daily 
Weekly 
Bi-weekly 
Half Monthly 
Four Weekly 
Monthly 
Bi-monthly 
Quarterly 
Semi-annually 
Annually  


Compounding Periods

Daily 
Weekly 
Bi-weekly 
Half Monthly 
Four Weekly 
Monthly 
Bi-monthly 
Quarterly 
Semi-annually 
Annually   


Output Parameters

Total Payments 
Amount Financed 
Last Payment Date 
Total Interest Amount 
Nominal Interest Rate 
Annual Percentage Rate (APR) 
Effective Annual Rate 
Periodic Rate 
Daily Rate (per diem) 
Yield  
     

Interest Type

US (regular)
Canadian Mortgage
