One of the most functional, most complete and professional financial tools for loan and mortgage amortization and payment schedule. The program is directed for use by anybody that has a mortgage or outstanding loan at any financial institution around the world. LoanAmortizer Professional Edition helps you calculate interest rate, loan/mortgage amount (Canadian mortgages as well), number of payments, periodic payment amount and any other loan calculations instantly. Once any amortization schedule is prepared it can be saved in a file for future reference, comparison or archive. You can insert any type of balloon payment anywhere in the amortization schedule or prepare a mortgage amortization schedule with the respective prepaid interest amount and finance charges.