Quick details
| Product | Loan Reconciliation & Payoff Pro |
|---|---|
| Platform | Windows desktop |
| Price | $50 one-time purchase |
| Evaluation | Five unrestricted calculations; then principal amounts above $60,000 require registration |
| Interest methods | Actual/365 or Actual/360 daily simple interest |
| Registration | One-time passcode for the installation |
What the software does
- Handle irregular, late, and partial payments.
- Record principal-only payments and additional principal advances.
- Enter fees and interest-rate changes on the actual dates they occurred.
- Maintain separate balances for principal, accrued interest, fees, and borrower credits.
- Show a transaction-by-transaction audit trail.
- Calculate per-diem interest and payoff through a selected good-through date.
- Preview and print both reconciliation reports and payoff statements.
Typical workflow
Evaluation, purchase, and registration
The evaluation allows five unrestricted calculations. After that, original principal amounts above $60,000 require registration.
After purchasing through PayPal, PayPal returns you to the Power of Interest registration page. Open Register Software in Loan Reconciliation & Payoff Pro and enter the Installation ID or User ID requested on the page. The registration page verifies the purchase and provides the one-time passcode automatically. No email or manual response is required, so you can register any time, day or night.
Instant online registration after PayPal purchase — no waiting for email. One-time purchase · No subscription · Secure payment through PayPal · Free evaluation available · Refund policy · License terms
What happens after you buy?
Important note
This is a calculation and reconciliation tool. The signed loan documents and applicable law control the interest method, payment allocation, fees, grace periods, and other loan terms.
