ZMath

ZMath is a comprehensive suite of loan calculation software designed for various industries. According to Math Corporation, the vendor of ZMath, this software solution caters to lenders, mortgage brokers, financial institutions, banks, software development companies, financial planners, and real estate professionals of all sizes. ZMath provides accurate and efficient loan calculation solutions.

Key Features

Loan Calculation Engine: ZMath's loan calculation engine accurately and quickly performs various loan calculations, including APR calculations, mortgage, auto, and construction loan calculations, balloon payments, bi-weekly mortgages, real estate mortgage calculations, and more.

Component-Based Loan Calculator Software: ZMath offers proven components, including the ZMath Engine and ZMathReverse, which seamlessly integrate into any software or hardware platform. These components ensure compliance with Regulation Z, Regulation X (RESPA), and industry regulations.

Web-Based Online Loan Calculator Software: ZMath's web-based online loan calculator software enables lenders to perform complex loan, reverse mortgage, deposits, and savings calculations online. This software provides accurate and reliable online loan calculators, online savings calculators, and online reverse mortgage calculators.

Desktop-Based Loan Calculator Software: ZMath's desktop-based loan calculator software delivers high-level savings and loan calculations. This downloadable software operates independently and combines a financial calculation software engine with a user-friendly interface, while ensuring compliance with Regulation Z, Regulation X (RESPA), and industry regulations.

ZMathReverse Engine: The ZMathReverse engine can be customized to calculate reverse mortgages, including HUD Home Equity Conversion Mortgages and Fannie Mae Home Keeper Mortgages. This engine is compliant with Regulation Z and includes Total Annual Loan Cost (TALC) numbers and tables.

ZMathElements Components for Single-Task Calculations: ZMath offers individual calculation components derived from the comprehensive ZMath Engine. These components, such as APR calculations, amortization schedules, accrual, and payment calculations, are useful for establishing web-based calculations or filling functionality gaps within existing systems.

Integration with Various Platforms: ZMath seamlessly integrates with popular development environments like Visual Basic, Java, .NET, and more. The software runs on various operating systems, including Unix, Linux, Windows, and OS/400. The integration process is simple and fast, customized to fit perfectly into the application.

Installation Process: Math Corporation fine-tunes the ZMath engine to fit the application perfectly. They provide guidance on calling the engine from the project and offer ongoing support and assistance during installation and testing.

ZMath Engine Capabilities: The ZMath engine performs a wide range of loan and insurance calculations, including Truth in Lending compliance calculations, APR calculations, amortization schedules, payment calculations, and more. The engine generates output such as amortization schedules, disclosures, and Federal Reserve boxes information.