Add comprehensive and complex financial calculations to your applications. Loan Engine is an ActiveX Enterprise component that provides a complete mathematical and database engine for complex financial and interest calculations. It is designed to save development costs by providing expert functionality from the outset with an intuitive and easy to use interface.
Some of Loan Engines features: Annual Percentage Rate (APR) calculations Amortization and Installment Schedules Present and Future Value Calculations Interest and Principal payoff balances Variable Interest Rate calculations Up Front Installments and Interest only payments Adjustable rates and Balloon Payments Fees, Insurance's and Transactions calculations Balance and Arrears Calculations Calculations based on 360, 364 or 365 day years Full Management of Payments and Installments Data Persistence to any Data Source. Version 4.0.12 features enhanced functionality.