Custom repayment schedule and loan administration software
Appfront builds software for organisations that provide and manage loans: per loan, the repayment schedule under annuity, linear or interest-only terms, interest and interest rate revisions, collection of instalments, extra repayments and recalculation, arrears and payment arrangements, annual statements for borrowers, and reporting for funders and the auditor. So the term of a loan is not managed in a spreadsheet per borrower, and every balance is correct at any moment.
What is repayment schedule and loan administration software?
A loan runs for years after disbursement. Every month or quarter there is an instalment covering interest and principal, according to a repayment schedule. The interest rate may be revised, the borrower may make extra repayments, and an instalment may be late. Repayment schedule and loan administration software keeps each loan's schedule up to date, processes payments and changes, and shows the correct balance at any moment.
In many organisations that provide loans, each loan sits in its own spreadsheet with a repayment schedule that was once created. An extra repayment means recalculating by hand. An interest rate revision gets forgotten on one of the sheets. Whether an instalment has been paid has to be looked up on the bank statement. And at year-end the auditor asks for an overview of all balances that nobody can produce in one go.
We build custom software because the administration must match your loans: which types of loans you provide and on what terms, which repayment and interest forms you use, how instalments are collected, how you handle arrears, which overviews borrowers and funders receive, and which bank and accounting system you use. An accounting package knows balances; it does not know the repayment schedule and its recalculation.
Schedules that add up
Per loan, the repayment schedule under annuity, linear, interest-only or your own form, recalculated with every change.
Payments processed
Instalments collected or received and matched, extra repayments processed, and arrears visible straight away.
An overview for everyone
A year-end overview and balance statement for the borrower, and reporting for funders, the board and the accountant.
How we build your loan repayment schedule and loan administration software
We start with your portfolio: how many loans you have, what types, how instalments are collected, and what the year-end close costs you today.
Your loan types, repayment and interest structures, direct debit collection, arrears policy, statements, and banking and accounting.
Moving existing loans across with principal, balance, interest and schedule, with a check for discrepancies.
Direct debit and payment processing, extra repayments, interest rate revisions and arrears.
Annual statements, reporting, integrations with the bank and accounting, and ongoing management.
What repayment schedule and loan administration software actually does
The components below feature in almost every organisation with a loan portfolio. Which ones you need depends on your loans.
Repayment schedules
Annuity, linear, interest-only or custom, with interest and repayment per instalment.
Interest
Fixed and variable rates, interest rate revisions and fixed-rate periods, built into the schedule.
Deadlines
Direct debit or payment per instalment, matched against the bank statement.
Extra repayments
An extra repayment with a recalculation of term or instalment amount, at your choice.
Arrears
Arrears per loan, reminders and payment arrangements, with the history alongside.
Statements
Annual statement and balance confirmation for the borrower, and portfolio reporting.
Who we build repayment schedule and loan administration software for
The software is intended for organisations where ongoing loans are currently kept in spreadsheets.
Funds and foundations
Loans with a social purpose. Repayment schedules and board reporting are the core.
Financing platforms
Many loans with investors behind them. Instalments and reporting to funders matter most.
Businesses that lend to customers
Loans to dealers, franchisees or customers. Arrears and payment arrangements are what's needed.
Associations and housing corporations
Loans to members or tenants. The statement for the borrower is the core.
Test your idea first: a working prototype in 1 day
With OneDayBuild, we turn your idea into something tangible in one day for €1,150, so you can see whether further development is worth the investment. Decide to go ahead with the full build? Then we credit the full cost.
Explore OneDayBuild →Technology and integrations
This page covers the life of a loan after disbursement. For applying for and approving consumer credit, see our page on loan software; for business financing, our page on business lending; and for outstanding invoices, our page on debt collection management. You can read about how we work at custom software development.
Why Appfront for your repayment schedule and loan administration software?
A borrower wants to know what they still owe, and a funder what is outstanding. We build around that: schedules that add up, payments that are processed, and balances that can be provided at any time.
No spreadsheet per loan
All loans in one administration. A change is recalculated, not retyped.
Arrears visible straight away
An instalment that doesn't arrive stands out. The reminder goes out on time, and the arrangement is recorded.
Year-end close in one go
Balances, interest and repayments for the whole portfolio in one overview for the accountant.
Security and privacy in repayment schedule and loan administration software
The software holds financial data on borrowers, including bank accounts, balances and payment behaviour. Access is set up by role: the borrower sees their own loan, administration the instalments, the board the portfolio. Every change to a loan is logged with name and time.
The software runs in a European data centre, with encrypted storage, daily backups and two-factor login. The bank integration uses its own keys, which can be revoked.
Frequently asked questions about amortisation schedule and loan administration software
Questions organisations with loans ask before they get started.
It creates an amortisation schedule for each loan, processes interest and interest rate revisions, collects instalments and reconciles payments, handles early repayments with recalculation, monitors arrears and payment arrangements, and produces annual statements for borrowers and reports for funders and auditors.
Annuity, linear, interest-only and combinations, plus custom structures such as an interest-only starting period. We confirm which ones you use in the first step.
The software recalculates the schedule. Depending on your terms, either the term is shortened or the instalment amount is reduced.
Depending on the type of loan and the borrower, rules may apply, for example for consumer credit. You determine with your adviser which rules apply to your loans. This software administers the existing loans according to the terms you set out.
Yes. Outstanding loans are transferred with principal, balance, interest and schedule, and checked against your current records.
Yes. An annual statement showing interest and repayments, and on request a balance confirmation, as a PDF or via a portal.
Ask this first. An accounting package tracks balances, and that is enough for a few loans with fixed instalments. Custom development makes sense if you have many loans, if there are interest rate revisions and early repayments, or if borrowers and funders need statements.
Every amortisation schedule up to date, and every balance at any moment?
Tell us which loans you provide, how many are running and how you currently manage them. We'll show you what the schedules, instalments and statements look like.