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                   │ LOAN CALCULATOR │
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Selecting `Loan Calculator' from the Main Menu by high-
lighting it and pressing Enter, clicking on it with a
mouse, or pressing ALT-Z will open the Amortization
Schedule window (form).  This program provides a `quick
and dirty' way to play `what if' scenarios to calculate
any one of four loan variables ... Loan Amount, Loan Term,
Periodic Payment, or Annual Interest Rate.  By tailoring
your input to the needs/ability of your customer and the
policies of your organization you could save countless
hours of hand calculations trying to properly structure
your loan terms.

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                       │ DETAILS │
                       └─────────┘

See the General Help selection for information on cursor
movement, Command Buttons, Control Box, and general
information.

LOAN AMOUNT     The INITIAL amount of the loan at funding.
                If this field contains zero (and the
                remaining three fields contain values) the
                program will compute the amount you can
                advance based on the interest rate, term,
                payment, and payment frequency specified.

ANNUAL INTEREST The Annual Percentage Rate charged on this
          RATE  loan.  Enter in a 99.99 format. (eg: a
                rate of 10.75% would be entered as 10.75,
                not .1075)  If this field contains zero
                (and the remaining three fields contain
                values) the program will compute the
                applicable interest rate for a loan based
                on the amount, term, payment, and payment
                frequency specified.

TERM IN MONTHS  The term of the loan stated in MONTHS.  (A
                30 year loan would be 360 months; a 5 year
                loan would be 60 months; etc.)  Even when
                using a payment frequency other than
                monthly, convert that schedule to months
                for this field.  (eg: A schedule allowing
                16 quarterly payments would equate to 48
                months.)  If this field contains zero (and
                the remaining three fields contain values)
                the program will compute the period
                required to fully amortize the loan based
                on the amount, interest rate, payment, and
                payment frequency specified.

PERIODIC        The amount of the monthly, quarterly,
     PAYMENT    semi-annyal, or annual payment (P & I)
                the borrower will pay to liquidate this
                loan.  If this field contains zero (and
                the remaining three fields contain values)
                the program will compute the payment
                NECESSARY to fully amortize the loan based
                on the amount, interest rate, term, and
                frequency of payments specified.  PLEASE
                NOTE:  If all four fields contain values
                greater than zero the program will ASSUME
                that you want to recalculate the periodic
                payment and re- compute the payment based
                on the other three values.  (In this way
                you don't have to `clear' the payment
                field when trying different term or rate
                scenarios.)

FREQUENCY OF    These option buttons allow you to specify
    PAYMENTS    whether payments will be made on a
                monthly, quarterly, semi-annual, or annual
                basis.  Move between the options by using
                the Right/Left arrow keys, and toggle the
                button on or off by pressing the space
                bar (or click on the button with a mouse).
                Pressing Enter at one of these buttons
                will toggle the button and move you to the
                `Calculate' command button. The chosen
                option will determine the basis of the
                other calculations.

COMMAND BUTTONS Three command buttons are available:
                [Remember to use the TAB key to navigate
                these buttons from the keyboard - a mouse
                click or access key automatically executes
                the command]
                Calculate (ALT-C)
                       accepts the values shown and
                       computes the missing (0) variable.
                       You will receive an error message
                       if (1) the specified Monthly
                       Payment does NOT cover the first
                       month's accrued interest, or (2)
                       the values entered are insufficient
                       to complete the calculation
                       accurately.
                Clear Values (ALT-V)
                       clears all input entered and
                       returns to the startup default
                       values.
                Quit (ALT-Q or ESC)
                       closes the window and moves control
                       to the next open window or the Main
                       Menu.

