Our Loan Amortization software is designed to easily provide the C.P.A., small business owner, or individual
with a loan amortization schedule showing interest and payment totals. Auto loans, mortgage calculations, and
lease payments can be calculated with ease.
Payments can be calculated for either annual, semi-annual, quarterly, bi-monthly, monthly, semi-monthly, bi-weekly,
or weekly payments.
The software will calculate either the principal, interest rate, number of payments, payment amount, or a
balloon payment. The loan amortization schedule can be printed in detail or in annual summaries
for any chosen year end.
Our loan amortization software will also calculate payments for TRAC leases with residual values and will
calculate balloon payments.
Our Loan Amortization software will solve for any one of the following variables :
The principal amount
The payment amount
The number of payments
The interest rate
Final balloon payment amount
Loan Amortization Program Features
Interest calculations can be based on either 360 days for equal
monthly interest amounts or 365 days per year for exact monthly interest amounts.
1, 2, 4, 6, 12, 24, 26, or 52 payments per year.
Variable first payment date with interest from date of loan or interest for a 1 month period.
Enter the principal amount, interest rate, payment amount, and
number of payments and our software will calculate a balloon balance.