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.

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

• Sure-store client management system.

• Calculate quick "What-ifs"

• Export to Excel via space, tab or comma delimited format.
• FREE Live updates within first year from date of purchase.
• FREE Technical Support within first year from date of purchase.

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.