The choice of thousands

• Accountants
• Financial planners
• Law offices, legal departments
• Government agencies
• Insurance companies
• SMEs and large corporations
• See also Finance, Financial planning, Real Estate
• People like you…

Common calculations for general public use

• Personal loans including APR (Annual Percentage Rate) calculation
• Line of credit management
• Mortgage comparison (regular and irregular payments at fixed or variable interest rates, lump sums…)
• Investment management and comparisons
  • Return on investment
  • Return on investment over the years with regular or irregular payouts
  • Future value of regular or irregular investments (periodic investments at compound interest) over time
  • Investment scenarios & comparisons – for example historic investment in the Stock market vs. fixed or variable rate security

Standards-based

• International standards and recognized principles for the calculation of interest (Americas, Europe, Asia, Australia, Africa)
• United States banking rules (Regulation Z, Truth in Lending Act)
• European Community rules (Directive 98/7/CE)
• Canadian rules
• Day count conventions : Actual/actual (also known as Actual/365), 30/360, Actual/360, Actual/365(Fixed)
• Actuarial rule (Normal amortization), Fixed capital and Interest only
• APR (Annual Percentage Rate) calculation

• Simple and Compound interest
• Unique (fixed) or variable interest rates
• 4-decimal-point accuracy
• Multi-currency
• Printed reports that include quarterly and /or annual and choice of the financial year-end
• Export of the data to Excel,Word, XML, RTF

Highly specialized features
(for total accuracy in Amortization)

Real-life examples of various calculations

Click to see Margill examples:

• Regular mortgage
  • USA, Europe, Australia…
  • Canada
• Irregular mortgage with lump sum payments and variable interest rates
• Variable-rate mortgage with payments adjusted according to the interest rates in force
• Mortgage includes unknown future interest rates with payments adjusted as these rates become known
• Loan with regular payments
• Verification of the precision of the APR (Annual Percentage Rate)
• Irregular loan – let’s make this fun! refund interest only, then of a fixed principal amount and a regular refund. Let’s include missed and late payments and even an NSF check!
• Loan that includes unknown future interest rates with payments adjusted as these rates become known
• Calculation of the unknown interest rate applicable to a loan with irregular refunds
• Value of historical investment in the Stock market vs. investment in treasuries
• Annual Rate of return
• Annual Rate of return in complex situations (regular or irregular investments and payouts)
• Future value of regular and irregular periodic investments over time
• Present value investment based on future predicted irregular cash flows

Fully exploit the power of Margill! Once the amortization schedule is calculated, use the right mouse click to create totally custom payment schedules: interest only, fixed principal, irregular payment amounts and dates, lump sum, missed and extra payments, variable interest rates, new principal, etc. TOTAL flexibility available ONLY in Margill

Multiple variable interest rate tables and indexation tables included – OR create your own

• All variable interest rates can be incremented (or reduced) by x% as of any date
  For example, prime + 2,5% starting November 15, 2004

Central Bank interest tables

• United-States – Discount rate (Federal reserve)
• Great-Britain – Repo rate
• Canada – Target rate (preferential)
• Australia – Cash rate
• Hong Kong – base rate
• Europe – key rates – deposit facility – European Central Bank

Late tax rates

• US Internal Revenue Service (IRS) underpayments
• Canada Revenue Agency (CRA) underpayments

Legal interest rates

USA (federal post-judgement interest rates), Canada (Ontario, British Columbia, Quebec), Great-Britain, Australia, France, Belgium, Luxembourg

Indexation tables:

• Inflation rates for various countries: USA, Canada, Great Britain, Australia, France, Switzerland, Belgium, Luxembourg,
• Historical performance of Stock market indices (annual % change)
  • Dow Jones Industrial Index, S&P 500, NASDAQ, FTSE (London), Toronto Stock Exchange, Hong Kong Hang Seng, Bourse de Paris