Description:

Exec-Amort performs loan amortizations from the simple to the sophisticated. Calculates: fixed rate, ARMs, APRs with points, fees and prepaid interest that comply with U.S. Regulation Z. Handles: balloon payments, irregular payments, extra payments, prepaid interest, solve for an unknown, yields/IRR, PV, FV. Short or long period interest. Eleven unique ways to schedule payments including bi-weekly. Six unique ways to calculate payments 360, 365 or 365/360-day interest calculations. Five unique ways to schedule extra payments and credits. User-friendly menu selections. In context help screens. Calendar, fiscal year or summary reporting with report titles and comment section, client loan store and retrieve. Twenty digit math using special algorithms assure accuracy. Julian calendar performs amortizations well past 2100 A.D. Schedule loans to $100 trillion and interest to 100 percent.