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Business
Loan Advisor - 1.06 |
Loan Advisor allows you to analyze and optimize your loan. Learn how to pay off your loan sooner & save money at the same time. View detailed schedules showing a breakdown of your loan over time, and perform "What if" and residual value calculations. |
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Software Description:
Loan Advisor is a powerful yet easy to use program that allows you to calculate, analyze and optimize your loan.
One of Loan Advisor's most useful features is the ability to demonstrate the effect of additional payments on your loan. By using this feature you can learn how to pay off your loan sooner and save money at the same time.
Loan Advisor also provides a detailed schedule of your loan over time. This allows you to see how each payment you make will affect your loan. You can see how much of each payment actually goes towards reducing capital and how much is just paying off interest.
The residual value calculator allows you to see the effects of leaving a residual value when paying back a loan. You just enter your loan details and you can then calculate the monthly payment required to leave a specified residual value. Alternatively you can calculate the residual value for any given monthly payment.
You can also perform "What If?" calculations on your loan. This means that you can calculate the loan amount, interest rate, period or repayment. Loan Advisor also includes a graph showing the breakdown in cost of your loan, and a loan grid showing interest rates and amounts around your loan so you can see the difference in loan payments.
Loan Advisor supports 8 different payment and compounding periods and can handle mortgage's paid in both arrears and advance.
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| Software Requirements: |
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Windows 95/98/NT/2000/ME/XP
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| This software is designed to run on the following operating systems: |
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Windows 95, Windows, Windows 98, Windows Me, Windows NT, Windows XP, Windows 2000
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| Keywords: |
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Loan, Loan Calculator, Loan Software
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