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"Loan Trak Pro is a PC-based loan portfolio management application that tracks loan principal and interest accruals, payments, late fees, and other fees/costs, charges, or credits. You can set up individual billing instructions for each loan account and generate bills & past-due notices for normal P&I, interest only, or FIXED principal pymt. plus accrued interest on a monthly, quarterly, semi-annual, annual, weekly, bi-weekly, or semi-monthly basis. Interest can be accrued using a 365/365, 365/360, or 360/360 accrual basis with a fixed or floating interest rate type for each Customer. Payoff amounts are always available (with the current PerDiem), as are accrued interest, late fees, and other fees/costs due, along with interest paid year-to-date & life, late fees paid year-to-date & life, and other fees/costs paid for life. Available in either a LITE ($95) or Standard ($152) Edition to fit your portfolio needs." This update features minor enhancements and bug fixes.
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