ZMath®Elements
ZMath®Elements offers several single-task calculation components engineered to help Web site developers, software development companies and lending institutions fill gaps or add new functionality within their existing financial calculation systems. ZMath®Elements components perform the calculations necessary to fulfill specific needs. In other words, ZMath®Elements components are dedicated to individual tasks, such as calculating the figures required for HUD Good Faith Estimates, Annual Percentage Rate (APR) calculations or Amortization Schedules.
While each of the ZMath®Elements components is directly derived from the proven and comprehensive ZMath®Engine, each ZMath®Elements component operates externally by quickly and accurately processing calculations from a user’s prescribed data. ZMath®Elements comes as a result of leveraging the entire ZMath®Engine into smaller, task-dedicated calculation components.
ZMath®Elements offers several individual financial calculation components, which are great for establishing Web-based calculations or filling calculation or functionality gaps within an existing system. Simply select from the ZMath®Elements calculation components listed below. Or, if you do not see what you need specifically listed, contact us and let us know. There is a good chance we have a component that will fit your needs.
 ZMath®Elements Components for Single-task Calculations!
- Annual Percentage Rate (APR): Calculates the APR for the loan data provided
- Amortization Schedule: Calculates an amortization schedule based on the provided payment streams
- Accrual: Calculates the interest accrual
- Payment: Calculates the payment amount
- One-Sixth Aggregate Escrow: Calculates the one-sixth aggregate escrow disclosure information
- Affordability: Calculates the mortgage that can be afforded
- HUD GFE: Calculates most of the data required for the new (1/1/2010) HUD GFE disclosure
- Total Annual Loan Cost (TALC): Calculates the TALC for the reverse mortgage data provided
Contact us at 920-294-0180 for more information.
Click here to read the ZMath®Elements press release.
|
