(PRWEB) July 15, 2005
Wheatworks is pleased to announce the release of Loan Spread Calculator Pro 4.0, a financial calculator for Windows. One of Wheatworks' most popular calculators, Loan Spread Calculator Pro makes it easy for users to quickly compare 135 loans at once. Loan Spread Calculator Pro simultaneously displays results of the loan comparisons on an answer grid that is easily configured with flexible ranges.
The new Loan Summary feature in this update allows users to drill down into the details of any of the 135 loans being compared by double-clicking on the answer grid. The Loan Summary window then appears which offers the following details about the selected loan: the amount borrowed, payment frequency, term, annual interest rate, payment (PI), payment (PITI), total principal paid, total interest paid, total principal and interest paid, total taxes paid, total insurance paid, total taxes and insurance, and total paid over the term (PITI)
Designed for consumers and financial professionals, Loan Spread Calculator Pro is a powerful loan calculator that displays the time value of money in a comprehensive manner. Users choose whether Loan Spread Calculator Pro fills the answer grid with loan amounts, interest rates, terms, or payment amounts based upon the loan variables the enter.
Users appreciate the clear way Loan Spread Calculator Pro defines the financial "ball park" by quickly identifying the range of payment amounts available for different loans. Loan Spread Calculator Pro makes it easy to compare loans and find the loan scenario that best fits one's financial condition.
Professionals are attracted to Loan Spread Calculator Pro by the ease with which multiple loan scenarios may be compared over different ranges of payment amount, terms, frequency and interest rates.
Loan Spread Calculator Pro includes integrated help, a pop up calculator, a decimal/fraction interest rate conversion chart, provides automatic hints, and includes an integrated Upgrade Center for easy, free, online updates.
Loan Spread Calculator Pro may be purchased for $29.95 online at http://www.wheatworks.com. Site licenses and volume discounts are also available for company purchases. This release is a free upgrade for registered users.
Learn more and download a fully-functional evaluation version of Loan Spread Calculator Pro from http://www.wheatworks.com/loancalculator.htm or contact Wheatworks Software, Post Office Box 7, Ruston, LA 71273.
For additional information about this and other innovative financial software by Wheatworks Software, LLC, visit online Press Center at http://www.wheatworks.com/press.htm
About Wheatworks Software, LLC
Since 1997, Wheatworks Software has created financial calculators for consumers, professionals and corporate clients in the banking, real estate, mortgage and financial services industries.
Wheatworks Software, LLC
Loan Spread Calculator Pro is available for magazine cover disks.
Click here to download a fully-functional evaluation copy:
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