Loan Pro Lite
6
Infinity Softworks, Inc.
Main Screen
•
Down%
: the down payment made for the product, entered as a percentage. This is not
necessary if the price is the loan amount. This should be entered as a percentage (8.5%
should be entered as “8.5”).
•
Payment
: the amount paid each month for the loan.
•
Int Rate%
: the loan’s interest rate. This should be entered as a percentage (8.5% should be
entered as “8.5”).
•
Loan Years
: the number of years for the loan. Partial years can be entered as a fraction. For
instance, a three and a half year loan should be entered as “3.5”.
Loan Pro Lite
will compute
loans up to 50 years.