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CheckMy Loans provides an easy to use Windows approach to managing multiple loan accounts. Calculates monthly repayments for APR or nominal interest rates over any term. You can change the interest rate and repayment amount any time during a repayment cycle. You can combine all loan records, sum repayments, and update total current balances outstanding.
The first screen in CheckMy Loans helps you to Add, Edit or Delete loan accounts. After repayments have been entered using the Register screen, the balances are updated. The currency defaults to the currency setting in your Control Panel (Regional Options).
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You can subdivide loans into Personal and Business loans
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Select a loan and pull up its current repayment register screen where you enter repayments, change the rate, review the current balance and interest charges to date.
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Click Report to pull up a monthly Loan report.
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For a complete amortization table and totals, click Tables.
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