Effective
Interest Method Amortization
1) Software: Single record entry for
loan or bond
Schedules, lifetime amortization
and effective rate calculation.
Enter deferral data. View, print, copy results elsewhere, such
as to Excel
2) Software: Monthly processing and accounting
for records in a data file
Click for screen samples, Excel template and to download a free demo.
Mortgage and other P&I
amortizing loans with deferred fee income and expense.
Balloon, callable loans,
interest only, average life, construction LIP.
Dealer fees, auto loans, indirect
lending charges over term or average life.
Bonds, other investment premiums
and discounts, effective interest method.
Bonds, other investment
premiums and discounts, straight line method.
3) Services: Send your file
Material vs. Immaterial.
Do you even need to use FASB 91?
We can import a file, calculate effective rates and return amortization
status "as of" any month.
Related software products:
Other amortization methods for Excel
files and database record
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