Loan Management Made Simple for QuickBooks®
LALite - Loan Payment Calculator
Integrated Accounting Solutions has created a several products for processing and management of loan payments. Its “LoanAssistant” is its top of the loan payment calculator. On the opposite end of their product line is a free loan payment calculator which produces loan payment amortization schedules and has some printing functionality.
Work with a small number of loans? Use LALite - most profitable tool than other!
Integrated Accounting Solutions team has developed LoanAssistant Lite to meet the needs of lenders who do not use QuickBooks or work with a small number of loans and are not yet in a position to purchase a LoanAssistant Pro. It is a loan payment calculator which allows lenders to export their loan payment schedules into a Microsoft Excel document which can be used to process any payments received from Borrowers. Lenders can also print out payment coupons and mail them to borrowers. LoanAssistant Lite can be download from IASolutions.info website. It is free for 30 days and can be purchased for only $25.00 after.
LoanAssistant Lite loan payment calculator can process next loans:
- “Amortized Balloon,”
- “Balloon Interest Only”
Select proper type and fill out information inputs of LoanAssistant Lite to make calculations!
After selecting the proper type of loan, the following information needs to be entered to setup new loans for loan payment processing: loan amount, the interest rate, the rate basis of the loan, and the compounding options for the loan, closing date of the loan and the maturity date of the loan. In the alternative, input the number of payments and our loan payment calculator will produce the loan’s maturity date automatically.
Build report with LoanAssistant Lite - it’s quiet simple!
When the loan setup is complete, LoanAssistant Lite provides information report which show you the loan pay date, loan payment amount, rate, loan interest payment, loan principal payment, and remaining balance of the loan for each loan payment. At the bottom of the report, you will see how much money will be paid over the course of the loan, and how much of that total loan payment is loan interest. You will have a complete picture of the loan schedule, the breakdown between interest and principal in each loan payment, and the total amount of interest you will make as a lender or pay as a borrower.
LA Lite can generate and print loan payment coupons for each setup loan payment schedule. The coupons include the amount due, the due date of the payment, the address of your borrower, and the address that the borrower needs to send the payment to.
Get versatile and easy loan payment calculator for only $25! Or
LoanAssistant Lite is a versatile and easy to use loan payment calculator for lenders who do not require sophisticated full featured loan payment and management software.