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What is LoanAmortizer?

LoanAmortizer product line is a set of business and personal loan amortization management software tools. It offers three software applications that can amortize a loan or a mortgage, prepare amortizations schedule, visualize it on a computer screen or print it on a hard copy by printer. Each program also has guidance advices and resources designed to help you manage you existing loans and achieve better and less expensive payout results.

Using LoanAmortizer you can save time and efforts while organizing and managing your existing loans and mortgages. You can easily create comparison scenarios to best fit your or your clients needs to the available financing or budgets.

LoanAmortizer helps you calculate interest rate, loan/mortgage amount, number of payments, periodic payment amount and any other loan calculations instantly. Once any amortization schedule is prepared it can be saved in a file for future reference, comparison or archive. You can insert any type of balloon payment anywhere in the amortization schedule or prepare a mortgage amortization schedule with the respective prepaid interest amount and finance charges. The mortgage can also be amortized in decades but paid in months. You can also prepare amortization schedule, view it and print it in virtually no time. Everything is completed automatically, accurately and is easy and simple to be used and handled.

LoanAmortizer allows you to prepare and print coupons applicable to each payment in a certain amortization schedule and even print your own coupon book by selecting a special uneven printing order. That uneven print order will later let you cut and make your customized payment coupon book.

You can also enter additional draws and amounts added to the initial principal amount as well as any changes of the interest rate of the loan on dates from the initial loan amortization schedule or any other physical date. Changes in the Interest Rate or additional payments can also be entered in the schedule on dates other than the ones initially specified by the original loan amortization schedule.

How do I know which product is right for me - LoanAmortizer Standard, LoanAmortizer Professional or LoanAmortizer Enterprise?

LoanAmortizer Standard Edition is a loan amortization and payment schedule preparation and printing application suitable for personal and business use. The Standard Edition incorporates a simple interface with a lot of features, clean and neat schedule printout and Help functions.

LoanAmortizer 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.The application also features payment coupon book preparation and printing,loan payment late fees tracking and reminding, and the ability to input prepaid finance charges as a percentage of the Loan Amount or as a fixed amount.

LoanAmortizer Enterprise Edition is loan operations management application suitable for business use. Can also be very useful in any household with active loans. Besides the standard LoanAmortizer features it also accommodates actual date and payment amount tracking, Adjustable Rate Loans, coupon book preparation and printing as well as escrow fees setup and actual collection entries in a manual loan amortization schedule. The program allows loan and payment schedule visualization with regular, early or late payments display as well as annual representation of the loan over the years and loan charts for easier understanding and loan details checking. Complete management of the data columns for the computer screen or the printout is also in place.

Click here for detailed comparison of the functional differences between the LoanAmortizer products.

What does LoanAmortizer cost?

The retail price of LoanAmortizer Standard Edition for online distribution is $19.95, LoanAmortizer Professional Edition is $39.95 and LoanAmortizer Enterprise Edition is $99. Each program can also be obtained on a CD ROM. Additional cost of $14.95 applies when LoanAmortizer is purchased on a CD. All three programs have very flexible discount schemes to fully satisfy multiple site licensing.

I'm upgrading from a previous version. Is there a special upgrade price for me?

Yes, of course. You can upgrade to any higher in features LoanAmortizer by purchasing the desired functionality level application at a discounted price

Is LoanAmortizer available for Macintosh?

No, there is no version for Macintosh.