Loan Amortizer 2
Here's a nifty little program that could
make your life a bit easier. Our Puritas Springs Software
Loan Amortizer program (PSSLA) has an
all-inclusive set of features and functions:
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Calculates loan payments from loan
amount, term and interest rate data
-
Calculates loan amount from payment,
term and interest rate data
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Calculates term from loan amount,
payment and interest rate data
-
Calculates interest rate from loan
amount, payment and term data
-
Saves loan information to files for
later review, editing and printing
-
Exports loan information and
amortization schedules to your word processor for printing or
pasting into contracts or other legal instruments
-
Calculates balloon payments
-
Demonstrates the impact/savings of
making extra mortgage payments or amounts
Variable Solving. Attorneys
who work in real estate often need to tailor loan parameters to a
specific set of buyer/seller circumstances. This involves not simply
calculating the payment amount, but, for instance, knowing the payment
amount the parties have agreed to, adjusting the term or interest rate
to coincide with agreed-to loan and payment amounts.
Amortizer2 can solve for any of the four essential
amortization variables, i.e., see the first four bullet points
above.
Word Processor Exporting.
If you're preparing real estate instruments, it's desirable and
professional to include a full amortization schedule showing the varying
principal and interest components of each payment, as well as the
ever-changing balance. By exporting all this information to your word
processor in a beautifully prepared format, you open the door for all
types of additional formatting and manipulation as well as directly
including the amortization schedule in your legal documents.
Balloon Payments. Law
offices that prepare land contracts and purchase money mortgages often
need an easy way to calculate balloon payments. Amortizer2 does this
quickly and easily.
Additional Payments.
Nothing is more consumer friendly and education than showing a borrower
how and how much they can save by making additional payments on their
mortgage. Amortizer2 puts this information at your fingertips with the
click of the mouse and completing one or two additional fields.
Look and Feel. If a
picture's worth 1,000 words, take a look at Amortizer2's
user-friendly main window by clicking on the link below.
Click here to see the
main window.
Amortization Schedule.
Here's an example of our fully formatted amortization schedule.
Click here to see
amortization schedule.
Product Comparison. Here's
how Amortizer2 stacks up against some of the
other leading loan amortizing programs.
Click here to see product
comparison table.