cpabsd Posted January 6, 2014 Report Share Posted January 6, 2014 Any recommendations for free or cheap amortization software? I do not use it but 5-10 times a year, but like to have one available to use. Thanks, Bonnie Quote Link to comment Share on other sites More sharing options...
ILLMAS Posted January 6, 2014 Report Share Posted January 6, 2014 I like this one. http://bretwhissel.net/amortization/ 1 Quote Link to comment Share on other sites More sharing options...
Guest Taxed Posted January 6, 2014 Report Share Posted January 6, 2014 http://tcalc.timevalue.com/ I have this bookmarked in all my browsers. It has a bunch of different calculators. 1 Quote Link to comment Share on other sites More sharing options...
mcb39 Posted January 6, 2014 Report Share Posted January 6, 2014 I have a 2004 V of Broderbunds "Family Lawyer" which allows you to create amortization schedules as well as promissory note. I did hear that they were trying to ban those programs. I did see, however, that our Credit Union web site has a free amortization schedule creator that you can use to figure out what you payments would be in whatever set of circumstances. Quote Link to comment Share on other sites More sharing options...
BulldogTom Posted January 6, 2014 Report Share Posted January 6, 2014 Created my own in Excel. It works for my purposes. Tom Hollister, CA Quote Link to comment Share on other sites More sharing options...
Guest Taxed Posted January 6, 2014 Report Share Posted January 6, 2014 I picked up a CD called Legalpoints (I think) that had all sorts of legal documents that you could fill and print out. I was going to use it and showed it to my lawyer client. Glad I did, because I would have been in big trouble with the state if I used that in my tax practice. So now it is only for personal use only. Quote Link to comment Share on other sites More sharing options...
jklcpa Posted January 6, 2014 Report Share Posted January 6, 2014 If you are using Excel and want something preformatted that looks nicer to give to a client, you can use one of the templates available online. With excel open, press F1 to bring up the help box and enter "loan amortization". There will be plenty to choose from. I was pleasantly surprised to see a lot of financial calculators built into the RIA Checkpoint research that I purchased for this season, and my tax software also has a loan amortization schedule free for all to use. Quote Link to comment Share on other sites More sharing options...
Lion EA Posted January 6, 2014 Report Share Posted January 6, 2014 My out of the box website by CCH's Site Builder has a lot of built-in Financial Tools for Loans and other topics, such as this Amortizing Loan Calculator: http://www.dollarssense.com/financial_tools.html Maybe the above or one of the other tools on that page would meet your needs for free. PS I agree that Excel has some handy templates that you already own. Check them out before you spend money. 2 Quote Link to comment Share on other sites More sharing options...
cpabsd Posted January 6, 2014 Author Report Share Posted January 6, 2014 Thanks everyone for your input. Quote Link to comment Share on other sites More sharing options...
Catherine Posted January 6, 2014 Report Share Posted January 6, 2014 My CPA Site Solutions web site has some built-ins as well -- you are welcome to pop over and use them anytime. There is an online visual graphic called "Karl's Mortgage Calculator" which is really cool; I've used it off and on for years. http://www.drcalculator.com/mortgage/ Quote Link to comment Share on other sites More sharing options...
michaelmars Posted January 6, 2014 Report Share Posted January 6, 2014 my website has one you can use mordfin.com go to resources, then financial calc for simple loans, We use "Tvalue" mostly. Quote Link to comment Share on other sites More sharing options...
Lion EA Posted January 7, 2014 Report Share Posted January 7, 2014 Also, CFS Tax Tools probably has what you want if you already own Tax Tools. Quote Link to comment Share on other sites More sharing options...
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