This tool offers quick solution for users who need to create loan amortization statement. This tool is very easy to use; simply by entering loan information such as loan amount, loan period, interest rate, it will automatically generate loan amortization statement. It show instalment amount, interest amount and capital portions of each loan repayment with the remaining balance of the loan. You can include the tax detection calculation on the interest calculated to know the exact instalment amount.
Generated amortization statement can be taken as printout and also export as CSV (Excel) format.