AmortizeIT! 3.2

AmortizeIT! features up to ten loan-related calculators that can help anyone interested in a new/refinanced loan, or thinking about amortizing a loan, a balloon payment, leasing, etc. make a right decision. This program also provides a loan calculator for comparing two loans and finding out which one is more suitable for you. When comparing two loans, we are given the opportunity to provide as many details as needed, such as the loan period of time, amount, interest rate, taxes, etc. Furthermore, we can open several calculators at a time and have the resulting figures and written reports at hand. The calculator also lets you take into account the portion of income you want to spare to pay for the loan. This application also gives you the opportunity to know if leasing is more beneficial than buying, or the other way round. In addition, this program lets you calculate how much money you would save by making advance payments. There is an extensive help guide available, too.

AmortizeIT! runs under all versions of Windows, including Windows 7. In my opinion, this program can prove to be a very useful tool for studying our financial situation and loan proposals at home.