Quickly generate a
fixed-, variable-rate or interest only loan. Common
compounding periods and payment frequencies such as weekly,
bi-weekly, monthly, bi-monthly, quarterly, or semi-annually,
annually are available.
Software shows
the principal balance remaining at the end of each period and
the amount of each payment that is applied to principal and
interest in actual dollar amounts. The accumulated days,
interest, monthly payments and additional payments are listed at
the bottom of the schedule. Annual subtotals are shown as well.
Data entered may be
stored/saved anywhere on your hard drive, to a shared network drive,
or to external diskettes file for quick retrieval. You can
easily export data to an ASCII text file which may then be imported
into spreadsheets or word processors.
We can have you working
with the software the day it's ordered!
You can download the
software from this website or we can e-mail you the software.
When you order, we will mail out a CD with the software along with
other titles.
COMPUTATION OPTIONS:
-
Fixed-,
Variable-Rate or Interest Only
-
360, 364,
365 Day Count
-
Variety of
payment frequencies
-
Annual
1
-
Bi-Annual 2
-
Quarterly 4
-
Monthly 12
-
Bi-Monthly 24
-
Bi-Weekly 26
-
Weekly 52
-
Daily 360
-
Daily 365
-
Option to select the
advance date and first payment date
FEATURES:
ADVANCED
FEATURES:
-
Track early,
late, missed, extra or balloon payments.
-
Assess late fees or additional
payments.
-
Track actual
loans, terms, variable interest rates.
-
Track the
actual dates payments were made on. Payments can be irregular in amount and
occurrence.
-
View plots and pie graphs.
ADVANCED PRINT
FEATURES:
- Print on legal or letter size paper with any
Windows supported printer.
- Print single pages of long documents:
Ideal for last minute revisions.
- Print a cover page.
- Print with header and footer text.
- Preview forms on screen; zoom feature for
hard to see areas.
Even if you are
fortunate enough to pay upfront for your home or car, or to pay
substantial down payment, you still may be better off to make a
small down payment, take a sizable loan, and invest your funds in
other ways. This decision depends on how favorable a loan you can
negotiate and what alternative investment opportunities are
available. This software is designed to help you analyze and compare
loans.
All of our software
functions on any Windows operating system. The software has been
tested on Windows 95, 98, 2000, NT, ME (millennium edition), XP,
2003 and VISTA. The software functions on
networks or stand-alone personal computers and is compatible with
all printers.