CFLease
Lease/Loan payment calculator
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Description

Lease / Loan Pricing Software for Finance Professionals

Repayment Plans: Structure simple to highly complex repayment plans using six (6) different payment types - including payment, principal, residual, balloon, interest only, daily equivalent next and daily equivalent all. Payment frequencies include monthly, quarterly, semiannual and annual. Timing of payments can be set to advance or arrears. Seven (7) different preset repayment structures are available including (1) first and last in advance, (2) first and last two in advance, (3) high-low, (4) low-high, (5) term amortization, (6) annual escalator, and (7) graduated payments.

Targeting: Solve for any one of four (4) variables - principal, unlocked payments, interest rate, or term.

Yields: Calculate the lease/loan interest rate and the implicit rate.

Interest Calculation: Includes four (4) different day count methods for calculation of interest, including 30/360, actual/365, actual/actual, and actual/360. End of month rule allows payment due dates to occur on last day of the month for all applicable months.
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5 out of 5

1 ratings in United States

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App Info

Category
Finance
Languages
English
Recent version
2.2 (1 month ago )
Released on
Oct 6, 2022 (1 year ago )
Last updated
12 hours ago