FITCHBURG, Wis. - eTradeWire -- Power of Interest, a software website operated by Wisconsin-based ERICH Incorporated, is highlighting Amortization Pro, a Windows desktop application designed to help individuals, businesses, lenders, and financial professionals create and manage detailed loan amortization schedules.

Unlike basic online amortization calculators that generate a fixed payment schedule, Amortization Pro allows users to edit individual payment dates, amounts, interest rates, and notes. When a payment changes, the software automatically recalculates subsequent payments, interest amounts, remaining balances, and payoff information.

Amortization Software for Real-World Loan Changes

Amortization Pro includes features for preparing and maintaining loan schedules:

• Create amortization schedules for mortgages, personal loans, business loans, and other installment loans.
• Edit individual payment dates, amounts, interest rates, and notes.
• Calculate the impact of additional principal payments.
• Handle changing interest rates and balloon payments.
• Recalculate remaining loan balances and payoff dates automatically.
• Save and retrieve loan schedules for future adjustments.
• Print amortization reports, review annual summaries, and export schedules to CSV.

The software supports monthly, semimonthly, biweekly, weekly, quarterly, and annual payment frequencies.

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Affordable Windows Software Without Monthly Subscription Fees

Amortization Pro is available for a one-time purchase of $49 per Windows installation, with no recurring subscription fee.

Users can download a free evaluation version that permits five unrestricted schedule uses. After those uses, the evaluation remains available with a $60,000 principal limit until registration.

Additional information about Amortization Pro, including software screenshots, features, pricing, and the free evaluation, is available at:

https://www.powerofinterest.com/products/amortization-pro.htm

About Power of Interest

Power of Interest provides Windows desktop software for amortization schedules, loan payment calculations, interest calculations, payoff analysis, and private loan management. The website also offers free financial calculators and educational resources for borrowers and financial professionals.

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Power of Interest software is developed and supported by ERICH Incorporated, based in Wisconsin.

Visit the company website:

https://www.powerofinterest.com/