Loan Util is priced for everyone, yet due to its advanced calculating features is the preferred choice of Mortgage Professionals. Loan Util is a loan calculator that can calculate Principal Balance, Interest, Starting Payment Month, Ending Payment Month, Number of payments, and Monthly payment.
In addition it has the ability to give quick comparisons to slight changes in the variables of a loan to see their impact on the loan. It has enhanced amortization features. It does a complete amortization breakdown for any loan: showing monthly payment breakdown, total interest breakdown, and total principal breakdown of how much you have paid so far and how much you have yet to pay.
LoanUtil is handy for mortgages, car payments, auto loans, bank loans, student loans, etc. Basically any type of loan can be calculated with LoanUtil.
LoanUtil has onscreen help for each screen. To access the help click on the TIP button (cirlced letter 'i') in the upper right corner.
Features:
| |  | Calculates any unknown loan variable based on known variables
| | | has a comparison screen that allows you to alter variables and compare side by side
| | | has amortization table that shows complete analysis for a given payment
| | | allows you to alter monthly payment and re-calculates new payment
table.
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| Supports:
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 | | Palm IIIx and Palm V
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| | Palm III
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| | PalmPilot Personal / Professional
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LoanUtil
