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loan10.arj
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README.TXT
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1992-05-24
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7KB
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131 lines
LOAN PROGRAM VERSION 1.0
By
Duane D. Becker
2419 Cochin Street
Grand Island, NE 68801
This Program is a Demo of a Loan Calculation program. It is written for
Microsoft Windows using Microsoft Visual Basic. To run the program create
an application icon in Windows, or execute it from File Manager. The Visual
Basic VBRUN100.DLL run-time file needs to be in the same directory with
LOANDEMO.EXE.
The demo program is exactly the same as the main LOAN program, except
that the "Print" and "View with Notepad" options have been disabled. The
Demo program displays the first and last 12 months of the payment schedule
in a window. Loan files can be saved and re-opened at a later time.
You have the option of entering the Loan Amount, Interest Rate, and Term
and have the program calculate the Monthly Payment, or entering a Payment
and have the program calculate a Loan Amount for that Payment.
An option is provided to have the interest totals calculated for each
year or to have the interest totals accumulate throughout the term of the
loan.
A fully functional program may be purchased for only $15.00 by using
the order form (ORDER.FRM) provided.
Please distribute this Demo to anyone you know who may be interested.
----------------------------------------------------------------------------
The Following report is a sample of a report that can be created using
a registered copy of LOAN 1.0. It is a report generated using the "View
with Notepad" option. The print option is similar, except the table headers
would only appear on the to of each page.
----------------------------------------------------------------------------
Amount of Loan = $10,000.00
Interest Rate = 10.0 %
Loan Term = 4. Yrs
Total Total Total
Mo Yr Payment Interest Principal Balance Interest Principal
7 92 253.63 83.33 170.30 9,829.70 83.33 170.30
8 92 253.63 81.91 171.72 9,657.99 165.25 342.01
9 92 253.63 80.48 173.15 9,484.84 245.73 515.16
10 92 253.63 79.04 174.59 9,310.25 324.77 689.75
11 92 253.63 77.59 176.04 9,134.21 402.36 865.79
12 92 253.63 76.12 177.51 8,956.69 478.47 1,043.31
Total Total Total
Mo Yr Payment Interest Principal Balance Interest Principal
1 93 253.63 74.64 178.99 8,777.70 553.11 1,222.30
2 93 253.63 73.15 180.48 8,597.22 626.26 1,402.78
3 93 253.63 71.64 181.99 8,415.24 697.91 1,584.76
4 93 253.63 70.13 183.50 8,231.73 768.03 1,768.27
5 93 253.63 68.60 185.03 8,046.70 836.63 1,953.30
6 93 253.63 67.06 186.57 7,860.13 903.69 2,139.87
7 93 253.63 65.50 188.13 7,672.00 969.19 2,328.00
8 93 253.63 63.93 189.70 7,482.30 1,033.12 2,517.70
9 93 253.63 62.35 191.28 7,291.02 1,095.47 2,708.98
10 93 253.63 60.76 192.87 7,098.15 1,156.23 2,901.85
11 93 253.63 59.15 194.48 6,903.67 1,215.38 3,096.33
12 93 253.63 57.53 196.10 6,707.57 1,272.91 3,292.43
Total Total Total
Mo Yr Payment Interest Principal Balance Interest Principal
1 94 253.63 55.90 197.73 6,509.84 1,328.81 3,490.16
2 94 253.63 54.25 199.38 6,310.46 1,383.06 3,689.54
3 94 253.63 52.59 201.04 6,109.42 1,435.65 3,890.58
4 94 253.63 50.91 202.72 5,906.70 1,486.56 4,093.30
5 94 253.63 49.22 204.41 5,702.29 1,535.78 4,297.71
6 94 253.63 47.52 206.11 5,496.18 1,583.30 4,503.82
7 94 253.63 45.80 207.83 5,288.35 1,629.10 4,711.65
8 94 253.63 44.07 209.56 5,078.79 1,673.17 4,921.21
9 94 253.63 42.32 211.31 4,867.48 1,715.49 5,132.52
10 94 253.63 40.56 213.07 4,654.42 1,756.06 5,345.58
11 94 253.63 38.79 214.84 4,439.57 1,794.84 5,560.43
12 94 253.63 37.00 216.63 4,222.94 1,831.84 5,777.06
Total Total Total
Mo Yr Payment Interest Principal Balance Interest Principal
1 95 253.63 35.19 218.44 4,004.50 1,867.03 5,995.50
2 95 253.63 33.37 220.26 3,784.24 1,900.40 6,215.76
3 95 253.63 31.54 222.09 3,562.15 1,931.94 6,437.85
4 95 253.63 29.68 223.95 3,338.20 1,961.62 6,661.80
5 95 253.63 27.82 225.81 3,112.39 1,989.44 6,887.61
6 95 253.63 25.94 227.69 2,884.70 2,015.38 7,115.30
7 95 253.63 24.04 229.59 2,655.10 2,039.41 7,344.90
8 95 253.63 22.13 231.50 2,423.60 2,061.54 7,576.40
9 95 253.63 20.20 233.43 2,190.17 2,081.74 7,809.83
10 95 253.63 18.25 235.38 1,954.79 2,099.99 8,045.21
11 95 253.63 16.29 237.34 1,717.45 2,116.28 8,282.55
12 95 253.63 14.31 239.32 1,478.13 2,130.59 8,521.87
Total Total Total
Mo Yr Payment Interest Principal Balance Interest Principal
1 96 253.63 12.32 241.31 1,236.82 2,142.91 8,763.18
2 96 253.63 10.31 243.32 993.49 2,153.21 9,006.51
3 96 253.63 8.28 245.35 748.14 2,161.49 9,251.86
4 96 253.63 6.23 247.40 500.75 2,167.73 9,499.25
5 96 253.63 4.17 249.46 251.29 2,171.90 9,748.71
6 96 253.39 2.09 251.29 0.00 2,174.00 10,000.00