Loan Amortizer

The Loan Amortizer can be used to calculate important information about a loan you currently have or one that you may be considering.  This form has been put into VisionCore to assist you with figuring out what your payment would be if you borrowed a certain amount of money at a specific percent.

Calculating a Loan

Enter the amount of the loan in the Loan Amount field, then enter the interest rate and how many months the loan is for.  Next enter the Opening date of the loan and click the Calculate button at the top of the form to refresh the payment Line Item Detail.

The read-only fields are calculated for you based upon the information you entered in the fields listed above.

The Payment field will reflect the amount of money you will need to pay each month for this Loan.

The Total Interest field will reflect the entire amount of money you will send on interest to pay back this loan.

The Total Payments field will show you how many payments you will need to make to repay this loan.

You can click the Ellipse button next to any of the payment dates to see the total interest and principal paid up to the selected date.  If you want a detailed print out of the loan and the amortization of the loan click the Print button.

Toolbar Buttons

Toolbar Buttons perform an action on the current record like adding, deleting or closing.

The Print button will open the Loan Amortizer Preview, which allows you to review and print.

The Calculate button will display the numbers calculated or refresh the payment Line Item Detail.

The Close button will close the Loan Amortizer form.

Press F1 or click F1-Help button at the bottom left corner of the form for help on what this form is all about.