Computer Life 1997 February/Computer Life February 1997.iso/S/wskit20a/product/PRODUCTS.TXT

Text File | 1995-06-25 | 23KB | 351 lines

                         THE DEBT ANALYZER (WINDOWS)

  HOPELESSLY IN DEBT?  Need a systematic way to rid yourself of it? The Debt
  Analyzer is the answer!  Now the techniques used by banks and credit
  counselors can be used in the comfort of your own home.  You can produce
  debt elimination and loan consolidation schedules which can illustrate
  hundreds of dollars in potential savings. How does debt elimination work?
  Each of your debts is given a priority. Each month, your payments are made
  to each debt.  Once one debt is paid off,then that payment is then applied
  to the highest priority debt.  This accelerates the payment on the highest
  priority debt.  The loan acceleration is what produces the interest
  savings.  Several options are available which can help accelerate and
  optimize your debt elimination schedule.  These include "using minimum
  payments", applying "extra payments" and selecting one of nine predefined
  "priority methods". The loan consolidation schedule is designed to take all
  your current debt information and combine it into a single new loan.  How
  does it work?  Loan consolidation assumes that the new loan has an overall
  lower interest rate than your existing debts.  This results in lower
  overall payments and less interest paid.  The Debt Analyzer allows you to
  create loan consolidation schedules and will determine the amount of money
  you can save by doing so.  A variety of options are available to tailor the
  loan consolidation to your specific needs.  These include the ability to
  specify the term or payment of the consolidated loan or the sum of all debt
  payments may be used as the consolidated loan payment.

                          THE MORTGAGE ANALYZER (DOS)

  This is NOT an ORDINARY mortgage program.  It includes seven predefined
  loan acceleration methods such as bi-weekly, double principal and growing
  equity payments plus the ability to set up *ANY* acceleration method con-
  ceivable through variable extra payments.  Accelerated schedules and/or
  summaries can be produced side by side with the original mortgage or by
  themselves.  Features mortgage comparisons--enter all values for two
  complete mortgages.  Print, view or save to file complete schedules
  and/or summaries for both side by side. The mortgage input screen contains
  Loan Type (Conventional, FHA, VA), Purchase Price, Down Payment, Duration,
  Interest Rate, Interest Type (Fixed, Stepped, Adjustable, Reset), Closing
  Date, First Payment Date, Points, Property Tax, Homeowners Insurance,
  Mortgage Insurance and closing costs. It calculates payments, points,
  mortgage insurance, tax savings, daily interest, interest paid, interest
  saved (for acceleration) and complete schedules. Other features include
  Qualification Analysis reports for conventional, FHA and VA loans.  Also
  available is Buy vs Rent, Lease vs Sell, Tax Savings and Refinance analysis.
  Includes solve for missing loan value calculator, loan refinancing, daily
  interest, FHA down payment and points calculators.  Save and restore
  multiple clients.

                   THE MORTGAGE ANALYZER PROFESSIONAL (DOS)

  It adds the ability to maintain 15 customizable loan plans and to
  customize the loan qualification ratios and to customize mortgage
  insurance defaults for Conventional, FHA and VA loans.  You can create
  HUD-1 good faith closing estimates using over 35 closing fees plus 2
  user defined fees.  The ability to compare 3 loans at once is also
  available.  Supports optional footnotes and "date of printout" on
  reports.

                   THE ANNUITY ACE (Professional) (DOS)

  Now project your savings as never before!  The Annuity Ace is a financial
  software program designed with ease and flexibility in mind. It comes
  complete with a variety of financial tools for calculating Deferred,
  Immediate and Split Annuities.  It also contains Calculators for solving
  for missing values. The Deferred Annuity tool allows variable deposit modes,
  deposits, withdrawals, interest rates and compounding methods with or
  without loads. Professional reports can be generated with varying detail.
  Special options are available to illustrate the time value of compounding,
  the impact of taxes on savings, the effect of loads, the effect of
  inflation, the effect of obtaining higher interest rate, and the ability
  to illustrate what is required to accumulate a target sum of money by a
  target age.  The Immediate Annuity tool allows variable payout modes and
  compounding methods.  Professional schedules are produced.  A Split Annuity
  option is available that produces both a professional schedule and chart.
  Illustrations can be viewed on the screen or sent to a printer or a file.
  Headers, Footers and Client Name can be included in the illustrations.
  Multiple Client information can be saved and retrieved.

                        THE LOAN CHIEF (Professional) (DOS)

  Loan calculating has never been this easy!  Loan Chief is a financial
  software program designed with ease and flexibility in mind. It comes
  complete with a variety of loan tools for calculating Loan Amortization
  Schedules, Loan Charts and Loan Calculators for solving for missing values.
  Each financial tool contains a variety of options to allow maximum
  flexibility. The Loan Amortization tool allows variable payments, interest
  rates and compounding methods.  Professional schedules can be generated
  with monthly, quarterly, semi-annual or annual detail.  Special options are
  available to illustrate the savings incurred with an early payoff of a
  loan.  Several predefined acceleration methods are available in addition to
  a variable payment which allows optimum flexibility.  Accelerated schedules
  can be illustrated side by side with the original schedule.  Another special
  option is the ability to show tax savings with mortgages.  The Loan Chart
  tool produces a chart of loan values based on the criteria you select.  You
  select the type of loan values you want computed--it may be loan payments,
  loan principal amounts, months in a loan or the interest rate.  Once you
  choose what you want to solve for, you enter one of the remaining loan
  values as a constant and the other two as a range of values.  A chart is
  produced solving for all loan values specified in the ranges.  Headers,
  Footers and Client Name can be included in the schedules and reports.
  Multiple Client information can be saved and retrieved.

                         ALL SmartTracker Programs (Windows)

  Each program contains a scrollable Viewer similar in appearance to a
  spreadsheet layout which lists the database elements.  The viewer will
  grow and shrink with the size of the window. CONFIGURE the Viewer to your
  personal preference.  Select only those database elements that you plan
  on using or that you want to see to appear in the viewer.  Specify the
  order in which they appear and specify the space to allocate to each
  element.  Advanced search options places items matching search criteria
  into the Viewer.  Ascii delimited import/export operations are available
  with complete configurability on which items and in which order to import
  or export.  Limit exports to only those items found in a search.  Configure
  the colors for all elements of the windows for all windows or for specific
  windows.  DESIGN your own reports!  Add as many report layouts as you like.
  Select either a 90 column report for large legible reports or a 120 column
  report to pack as much information on the page as possible.  Each database
  element can be spread out over a maximum of 12 lines.  Place labels, blanks
  and database items where you want them to be.  Allocate the desired space
  for the labels, blanks and database items.  Optionally add up to 3 header
  lines to appear on each page.  Optionally place totals which will appear
  after each report group and at the end of the report.  Optionally place
  page numbers on each