These terms apply to the Power of Interest website, the free online calculator, and Amortization Pro software.
Financial calculations
Amortization results are calculation tools, not lending, accounting, tax, legal, or investment advice. Actual lender posting rules, fees, compounding, dates, rounding, and contract terms may produce different results. Users should verify important schedules against the governing loan documents.
Software license
A purchase grants the right to register the number of computer installations purchased. A license is not a transfer of ownership of the software or source code. Passcodes may not be published, shared, resold, or used beyond the purchased number of installations.
Availability and changes
The website and software may be updated, corrected, or discontinued. ERICH Incorporated may revise documentation, pricing, and features for future purchases while honoring completed purchases according to their applicable terms.
Limitation
To the extent permitted by law, users are responsible for reviewing calculation inputs and outputs before relying on them for a financial decision or legal obligation.