Moneylender 3 Professional - Loan Servicing Software

User's Guide and
Documentation


Payment Calculator

The Payment Calculator window is found by clicking “Click for Calculated Amounts” from the Regular Payment window.

This window will use the settings on your loan and the settings in the payment window to suggest some payment amounts.

Amortized Repayment – this is the amount that will pay the balance in full by the end of the scheduled payments in the payment window in roughly equal installments. Click to set the number shown as the payment amount on the payment dialog.

Interest Only – this is the payment amount that is enough to just pay the accumulating interest amounts on the loan. Click to set the number shown as the payment amount on the payment dialog.

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