Loan Engine

Loan Engine - Add comprehensive and complex financial calculations to your applications
Add comprehensive and complex financial calculations to your applications with Loan Engine. Loan Engine is an ActiveX Enterprise component that provides a complete mathematical and database engine for complex financial and interest calculations. It is designed to save development costs by providing expert functionality from the outset with an intuitive and easy to use interface.

Loan Engine features highly complex financial calculations that have been developed over many years. The expert functionality built into Loan Engine would cost a huge amount of time and cost to develop in house. Using Loan Engine gives you access to advanced calculations immediately in the form of a reusable component.

The Loan Engine is an ActiveX DLL and is designed to be usable by developers within minutes, even those who have a very limited understanding of finance terminology and mathematics.

To enhance Loan Engine further the Loan Calculator control can be used to complement the Loan Engine as this provides a familiar and simple to use interface with a suite of advanced ActiveX Controls that can be dropped directly onto the forms of your desktop developments.

Main features of Loan Engine :

Annual Percentage Rate (APR) calculations

Amortization and Installment Schedules

Present and Future Value Calculations

Interest and Principal payoff balances

Variable Interest Rate calculations

Up Front Installments and Interest only payments

Adjustable rates and Balloon Payments

Fees, Insurance's and Transactions calculations

Balance and Arrears Calculations

Calculations based on 360, 364 or 365 day years

Full Management of Payments and Installments

Data Persistence to any Data Source - Microsoft Access, SQL Server and mySQL

Save, Retrieve Loan Data and Output in XML

Advanced Record Locking for Multi-user Environments


Requirements of Loan Engine :

Microsoft Visual Studio


Limitations of Loan Engine :

28 day trial

Free Download ( Evaluation | 9.4 MB )