Loan Creation Wizard | Loan Tracking Software

What Is It

A Guided Setup for Every Loan You'll Ever Create

The Loan Creation Wizard is a step-by-step configuration tool built into Bryt Software's loan management platform. Instead of manually entering raw data into static forms, lending professionals walk through a structured questionnaire that captures every term, fee, and condition needed to build a complete, accurate loan record.

Once the questionnaire is complete, Bryt automatically generates a detailed amortization schedule covering payment breakdowns, principal and interest allocations, running balances, and term summaries - formatted and ready for client delivery.

The wizard handles everything from straightforward fixed-rate installment loans to multi-phase interest-only structures with balloon payments, variable rate adjustments, or non-standard payment intervals.

360+

Payment schedules auto-generated per loan, accurate to the cent

0% Manual Errors

No manual calculation risk - built-in algorithms handle every computation

Unlimited Configs

Loan configurations supported - fixed, variable, balloon, Interest Only, and more

2 Minute Setup

Average time to configure and generate a complete loan with amortization

Process

Four Steps from Setup to Schedule

No training required. The wizard walks you through every decision, one screen at a time.

STEP 1

Basic Loan Details

Select loan types, amount, payment frequency, interest accrual method, closing date, term (number of payments) and prorate information.

STEP 2

Define the Terms

Determine interest rate, amortization method, payment type, and any special loan conditions. Configure the repayment structure to match the borrower’s agreement.

STEP 3

Adjust the Variables

Bryt auto-generates the full amortization schedule in real time. Adjust any field as necessary, and the entire schedule is recalculated instantly.

STEP 4

Save and Activate

Confirm and save. The loan goes live in your portfolio, connected to payment processing, borrower records, reporting, and document generation.

Process

Built for Lenders Who Mean Business

Guided Questionnaire Flow

See how loan servicing can be streamlined with automation, flexible workflows, and powerful reporting.

Automatic Amortization Schedules

Generate full payment schedules instantly for the entire loan term, ready for client delivery.

Dynamic Recalculation

Update any term anytime. Bryt recalculates everything instantly with no manual work.

Embedded Calculation Logic

All computations run on validated financial algorithms for accurate results every time.

Unlimited Loan Configurations

Support for fixed, variable, balloon, interest-only, and custom loan structures.

Create Professional Client Documents

Generate consistent, branded amortization schedules and loan summaries instantly.

Connected to the Entire Platform

Loans flow automatically into payments, reporting, borrower records, and notices.

Built-In Validation

Catch errors early. Prevent invalid combinations and missing inputs before saving.

Loan Modification Support

Modify live loans with automatic recalculation for changes, extensions, and deferrals.

LOAN TYPES

Handles Every Structure You Work With

From standard installment loans to complex multi-phase structures, the wizard adapts to your deal, not the other way around.

Fixed Rate Loans

Standard installment loans with consistent payments throughout the full term.

Variable Rate Loans

Rate-adjustable structures with scheduled or index-tied rate changes over the loan term.

Balloon Loans

Partially amortized loans with a large final payment due at the end of the term.

Interest-Only Loans

Loans where payments cover only accrued interest during the Interest Only period.

Construction Lenders

Draw-based structures with interest-only phases that convert to fully amortizing at term end.

Commercial Loans

Larger commercial credit facilities with custom payment structures and complex term conditions.

Consumer Loans

Personal installment loans, auto financing, and consumer credit products of any size.

Private Mortgage Loans

Private and hard money mortgage notes with non-standard terms, fees, and payment intervals.

COMPARISON

Bryt Software vs. Manual Loan Setup

See what changes when loan creation is guided, automated, and connected to the rest of your platform.

Capability	Spreadsheets / Manual	Basic Loan Software
Guided step-by-step setup		Partial
Auto-generated amortization schedule
Dynamic recalculation on edits		Limited
Support for complex loan structures	Manual
Connected to payments and reporting		Partial
Built-in calculation validation		Limited
Loan modification support
Professional client-ready output	Manual formatting	Basic

Create Your First Loan in Under Two Minutes

Start a free 30-day trial - no credit card, no setup fees. Full access to the Loan Creation Wizard and every standard feature from day one.

Free Trial Book a Demo

Frequently Asked Questions

Everything you need to know before getting started with Bryt.

The wizard supports virtually unlimited configurations - fixed rate, variable rate, balloon, interest-only, construction, commercial, consumer, and private mortgage loans. Any structure with defined terms, dates, and payment logic can be configured.

Yes. Any time you modify a term - principal, rate, dates, payment frequency - Bryt recalculates the entire amortization schedule in real time. You always see the current, accurate schedule before saving.

Yes. Bryt supports loan modifications on live loans - rate changes, term extensions, deferrals, and restructures. The wizard recalculates the remaining schedule from the modification date forward.

No. The guided questionnaire format makes the wizard intuitive for any lending professional. Bryt also offers free support and onboarding for all customers to help your team get up to speed quickly.

Yes. Every loan created through the wizard is immediately active in the full Bryt platform - connected to payment processing, automated notices, borrower records, and reporting dashboards.

Yes. It's a standard feature included in all Bryt Software plans - no add-on required. See the full list of standard features for details.

A Guided Setup for Every Loan You'll Ever Create

360+

0% Manual Errors

Unlimited Configs

2 Minute Setup

Four Steps from Setup to Schedule

Built for Lenders Who Mean Business

Handles Every Structure You Work With

Bryt Software vs. Manual Loan Setup

Create Your First Loan in Under Two Minutes

Frequently Asked Questions

What types of loans can the wizard create?

Does the amortization schedule update automatically?

Can I modify a loan after it's been created?

Is training required to use the wizard?

Does the wizard connect to payment processing?

Is the Loan Creation Wizard included in the standard plan?