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"This program offers essential tools for lenders or borrowers. It is a versatile amortization program that not only computes and prints the "normal" monthly P&I schedules but also allows fixed principal payments plus accrued interest. Onscreen options allow you to produce balloon (lump sum) payment schedules whenever desired. You can use the included Loan Calculator for quick what-if scenarios to structure any loan request. Choose from four report styles when printing reports, including a new summary report that shows year-end totals. The program also features a weekly payment option. A new variable rate type is now available, and you can optionally project a worst-case interest rate scenario in an amortization schedule. You can include payments for insurance, taxes, and other escrow amounts in the computed schedule. Payment coupons (including late fee calculations for dates and delinquent payment amounts) can be printed and easily collated into a booklet for your borrower. Improvements have been made to the user interface and the amortization schedule grid."
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