L.O.A.N. The web-based decision-making tool that takes the guesswork out of pricing.
The profitability of a loan varies over its term; usually under water at the beginning because of set up costs and declining at the end because of principal pay down.
The challenge is to extend that period of profitability in the middle. That’s where L.O.A.N. comes in.
Developed by Moebs $ervices, L.O.A.N. helps you arrive at the optimal pricing to maximize profitability for each loan you’re considering.
Easy. Quick. Accurate.
These unique features let you see the effect of each component in determining pricing:
- “Four-way” calculator — Input any 3 variables: Principal Amount, APR, Term, or Payment – and L.O.A.N. will calculate the 4th.
- “What if” Scenarios — Compare up to 3 different scenarios simultaneously to see what happens to profitability as you change pricing parameters.
- Institutional amortization schedule — Move beyond the typical interest & principal perspective with this mini income statement.
- All-in-one page display — All the information you need to make decisions about profitability, displayed on one screen.
Costing and pricing are two of the primary concerns of management. Moebs knows how to measure loan costs and maintains a database of commercial and consumer benchmark loan costs for peer comparison.
See the relationship between cost and different prices and make the best decision for the consumer and your institution.
Click here to download our L.O.A.N brochure.
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