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- A N T E L O P E S Y S T E M S
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- L O A N A M O R T I Z A T I O N
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- R E F E R E N C E M A N U A L
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- Antelope Systems Amortization Package
- Version 1.0
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- Antelope Systems Amortization Program
- Copyright (c) 1989 Antelope Systems
- All Rights Reserved
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- Antelope Systems Loan Amortization Reference Manual
- Copyright (c) 1989 Antelope Systems
- All Rights Reserved
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- The contents of this manual and the software described herein may not be copied
- or reproduced in whole or in part by any method, except with the express written
- permission of Antelope Systems.
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- T A B L E O F C O N T E N T S
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- Chapter 1 - Features .................................................... 1
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- Chapter 2 - Installation ................................................ 2
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- Floppy Diskette Installation with One Drive .............. 2
- Floppy Diskette Installation with Two Drives ............. 2
- Hard Disk Installation ................................... 3
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- Chapter 3 - Screen and Key Usage ........................................ 4
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- Starting from a Floppy Diskette .......................... 4
- Starting from a Hard Disk ................................ 4
- Loan Input Screen ........................................ 4
- Monochrome Mode ....................................... 4
- Loan Title Field ...................................... 4
- Date of Loan Field .................................... 5
- Subtotal Month Field .................................. 5
- Principal Amount Field ................................ 5
- Interest Rate Field ................................... 5
- Frequency of Payments Field ........................... 5
- Number of Payments Field .............................. 5
- Payment Amount Field .................................. 6
- Output Option Field ................................... 6
- Disk File Name Field .................................. 6
- Screen Verification Field ............................. 6
- Help Screen .............................................. 6
- Key Usage ................................................ 6
- Up Arrow Key .......................................... 7
- Down Arrow Key ........................................ 7
- Home Key .............................................. 7
- End Key ............................................... 7
- Insert Key ............................................ 7
- Delete Key ............................................ 7
- Tab Key ............................................... 8
- F1 Key ................................................ 8
- F2 Key ................................................ 8
- F3 Key ................................................ 8
- F4 Key ................................................ 8
- Enter/Return Key ...................................... 8
- Escape Key ............................................ 8
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- Chapter 4 - Computing Loans ............................................. 9
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- Finding the Payment Amount ............................... 9
- Finding the Number of Payments ........................... 13
- Finding the Initial Principal Amount ..................... 14
- Finding the Interest Rate ................................ 15
- Alternate Payment Schedules .............................. 16
- Quarterly Payments .................................... 16
- Semiannual Payments ................................... 17
- Annual Payments ....................................... 18
- Ending the Session ....................................... 18
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- Chapter 5 - Amortization Schedule ....................................... 19
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- Output to Screen ......................................... 19
- Output to Printer ........................................ 19
- Output to an ASCII File .................................. 19
- Format of Schedule......................................... 19
- Headings .............................................. 20
- Subheadings ........................................... 20
- Detail Lines .......................................... 20
- Subtotals ............................................. 21
- Grand Total ........................................... 21
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- Chapter 6 - Techniques .................................................. 22
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- Balloon Payments ......................................... 22
- Interest Only Loans ...................................... 24
- Interest Free Loans ...................................... 25
- Fixed Principal Payment .................................. 26
- Adjustable Rate Mortgages ................................ 27
- Additional Payments ...................................... 31
- Negative Amortization .................................... 33
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