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.
VERSION HISTORY
- Version 1.06 posted on 2005-04-08
Program Details
- Category: Business > Other
- Publisher: The Other Software Company
- License: Free Trial
- Price: $10.00
- Version: 1.06
- Platform: windows
EULA
Loan Advisor Copyright (c) 1998-2003 Michael Evans All Rights Reserved. DISCLAIMER This software is provided "AS IS". You agree that by accepting this license, you are expressly acknowledging that the use of this software is AT YOUR OWN RISK. THE OTHER SOFTWARE COMPANY MAKES NO WARRANTY OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, WITH RESPECT TO THIS SOFTWARE AND ACCOMPANYING DOCUMENTATION. IN NO EVENT SHALL THE OTHER SOFTWARE COMPANY BE LIABLE FOR ANY DAMAGES (INCLUDING DAMAGES FOR LOSS OF BUSINESS PROFITS, BUSINESS INTERRUPTION, LOSS OF BUSINESS INFORMATION, OR OTHER PECUNIARY LOSS) ARISING OUT OF THE USE OF OR INABILITY TO USE THIS PROGRAM, EVEN IF THE OTHER SOFTWARE COMPANY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. TRADEMARKS AND COPYRIGHTS Any product or brand names mentioned in this software and associated manuals and files are trademarks or registered trademarks of their respective owners. YOU ACKNOWLEDGE THAT YOU HAVE READ THIS AGREEMENT, UNDERSTAND IT, AND AGREE TO BE BOUND BY ITS TERMS AND CONDITIONS. YOU FURTHER AGREE THAT IT IS THE COMPLETE AND EXCLUSIVE STATEMENT OF THE AGREEMENT BETWEEN US THAT SUPERSEDES ANY PROPOSAL OR PRIOR AGREEMENT, ORAL OR WRITTEN, AND ANY OTHER COMMUNICATIONS BETWEEN US RELATING TO THE SUBJECT MATTER OF THIS AGREEMENT.