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Business & Finance > Project Management
LoanAmortizer Enterprise Edition 4.3 LoanAmortizer Enterprise operations management application suitable for business use. Can also be very useful in any household with active loans. The application has as a standard for the product line 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.It also accommodates actual date and payment amount tracking, Adjustable Rate Loans.
Features
After a loan is created (constructed) and all its input parameters are set, it can be saved and the actual payments made later can be entered into the Loan Schedule. 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. The option for changing the interest rate of the loan at a certain date allows the use of the LoanAmortizer Enterprise for creating, servicing and monitoring of Adjustable Rate Loans ( known also as Variable Rate Mortgages). In contrast to the other two editions of the LoanAmortizer, The Enterprise Edition shows all transactions that have to be performed or that are already done in the loan schedule. One of the new features of the new LoanAmortizer Enterpriseis the Escrow accounts setup and management with the respective taxes and insurance payments collections. LoanAmortizer Enterprise has a network supporting functions with file locking module that makes it ideal to work in a Network Environment where many copies of the program on different computers share one location for LoanAmortizer working files keeping. |
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