Loan Amortization

Our loan amortization software will solve for any one of the following :

Features :

Interest calculations based on either 360 or 365 days per year
1, 2, 4, 6, 12, 24, 26, or 52 payments per year
Variable first payment date with interest from date of loan
Enter the principal amount, interest rate, payment amount, and number of payments and our software will calculate a balloon balance
Balloon payment / TRAC lease residual payment amount
Choose either a fixed final payment amount with an interest adjustment or a variable final payment with exact interest
Amortization schedule printed in detail or with annual summaries
Print a complete schedule or a partial schedule for the first x number of years
By choosing the appropriate year end month, schedules with annual totals can be printed for any fiscal year end month
Export the amortization schedule to a csv data file for use in Excel®
NEW FEATURE - Allows entry of preparer name, address, telephone for printing on schedule

Our loan amortization software has been in use for over 10 years.

	Our loan amortization software is designed to easily provide the C.P.A. or small business owner with a loan amortization schedule showing interest and payment totals. Payments can be calculated for either annual, semi-annual, quarterly, bi-monthly, monthly, semi-monthly, bi-weekly, or weekly amounts. The software will calculate either the principle, interest rate, number of payments, payment amount, or a balloon payment. The amortization schedule can be printed in detail or in annual summaries for any chosen year end. Our software will also calculate payments for TRAC leases with residual values and will calculate balloon payments.