AmLoan is a loan calculator and amortizer that lets you generate accurate amortization schedules using a wide range of options so that it can handle both home mortgages as well as commercial loans.
Here are some key features of "AmLoan":
· simple and compound interest
· US rule amortization (no interest on interest)
· six different day count conventions
· four rounding options
· odd first period with a user entered first payment date
· actual to first day count for the first period
· adjusted rate after n payments
· interest only payments
· extra or last balloon payment.
What's New in This Release: [ read full changelog ]
· removed shareware limitations: AmLoan is now freeware
· added Gatekeeper compatibility on Mountain Lion