LoanAmortizer

2 Reviews 1.5/5

A software system designed by ConsultCommerce.

About LoanAmortizer

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.

Product Overview

User Reviews of LoanAmortizer

Submitted on January 25th, 2018 by Rey from Wholesale Land and Homes

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.

Submitted on April 25th, 2017 by a LoanAmortizer user from QHeating

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.