Earlier this month we released the latest version of AMCalc. The AMCalc 1.6 release adds two new features that make loan processing faster and decision making easier. In this post I will go over these new features and discuss some specifics on how each can be used.

Loans with balloon payments can be confusing. It’s not so much that the structure or calculations for them are complex. The confusion is because the Internet is loaded with blogs and articles that use varying terminology for them. In this post, I will try to sort this confusion out for you and explain some of the different loan payment schedules that AMCalc generates that can have a balloon payment.