Loan And Mortgage

When applying for a loan or a mortgage, the involved calculations will make your head spin. If you want to calculate the amortization schedule or other aspects, but you are not good with numbers, Loan And Mortgage will do the math for you. It can handle any type of loan and its features will make it clear where to recover or save money.

If you want to test the software, it can be downloaded and installed swiftly on most Windows versions. There is no advanced graphics or processes which will slow down your machine, so the system requirements are low.

Loan And Mortgage's user interface is straightforward. There are not many tasks to perform, but the software can do much for you. By default, the main window is blank, but you can create a table with the details of your loan. After clicking the New button, you can insert every piece of information related to the loan, in a tabbed window. A series of dialog boxes and drop menus will let you specify details like amortization type (personal loan, car loan, etc), duration, installment and compounding frequency, the present and future value of the loan and much more.

After inserting your data, the program will make the necessary calculations and it will display the results under separate tabs, on the main window. The amortization schedule will be displayed in a table of contents, along with all sorts of details, such as dates, interests, different types of totals, balance, interest factor and others. You can also find a table for accumulations, under a different tab. With a drop menu and a few check boxes on the left side of the window, you can specify when the fiscal year starts, and periods like month, quarter, half year and so on. The data in accumulations table will change immediately after selecting a different period or fiscal year. If you need to change some of the initial details, you will not have to create a new table. You can make any change, at any time, and the program will automatically make the necessary calculations in order to adjust to the new data.

The data can be exported as a CSV or XML file. The option can be found under the Table menu and with the options which will be displayed, you can save the whole document, or just part of it, like the amortization schedule or just the summary. If privacy is a concern, you can password protect your data by clicking the designated button on the toolbar and typing it.