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.
Reviews of LoanAmortizer Write a Review
Rey from Wholesale Land and Homes says...
It helps to set up a payment schedule and provide current principal balance owed on your notes.
The good: The coupon book printing option and seeing what the principal balance is monthly
The bad: There is no support from the developer or any real way to get a hold of them. You are on your own.
An anonymous LoanAmortizer user from QHeating says...
Dont be fooled by them, there is no support, I have a license for there software that I paid big $$ for but they never respond to any requests for help.
The good: it works some of the time
The bad: Dont be fooled by them, there is no support, I have a license for there software that I paid big $$ for but they never respond to any requests for help.