"DEBT-FREE" Table of Contents PROGRAM SUMMARY . . . . . . . . . . . . . . . . . . . . . 2 MORTGAGE MAGIC Entering data . . . . . . . . . . . . . . . . . . . . . 3 Suggested payment amounts . . . . . . . . . . . . . . . 3 Key pad shortcuts . . . . . . . . . . . . . . . . . . . 3 WHAT-IF Entering data . . . . . . . . . . . . . . . . . . . . . 3 Alpha "control" characters . . . . . . . . . . . . . . 3 AMORTIZATION Entering Company name or your name . . . . . . . . . . 3 Entering companies, or yours, address . . . . . . . . . 3 Entering client's name . . . . . . . . . . . . . . . . 3 Entering loan data . . . . . . . . . . . . . . . . . . 3 Press for default values . . . . . . . . . . . 3 PAYMENT LOG Program description . . . . . . . . . . . . . . . . . . 4 Entering data . . . . . . . . . . . . . . . . . . . . . 4 Hit apostrophe to access last file worked . . . . . . . 4 Hit apostrophe or es to change date . . . . . . . . 4 Press for EXPRESS . . . . . . . . . . . . . . . 4 Entry for zero payments . . . . . . . . . . . . . . . . 4 Entering previous payment amount . . . . . . . . . . . 4 DFEXIST (a utility setup program) Program description . . . . . . . . . . . . . . . . . . 5 How to use DFEXIST . . . . . . . . . . . . . . . . . . 5 CONVERT Program description . . . . . . . . . . . . . . . . . . 5 How to use CONVERT . . . . . . . . . . . . . . . . . . . 5 GROUP Program description . . . . . . . . . . . . . . . . . . 5 How to use GROUP . . . . . . . . . . . . . . . . . . . . 5 PROGRAM SUMMARY DEBT-FREE From the Main Menu, the following options may be selected: nformation - a brief description of Mortgage Magic and a registration declaration screen to discourage software piracy. ortgage Magic - a financial program that compares your existing mortgage payments with various higher payments to optimize the yield of your savings or investment dollars. This program could surprise you - and literally turn your life around. Tens of thousands of dollars can be saved in the process. hat If - a continuous loop loan analyzer that determines the unknown fourth element when any other three are known. mortization - This handy module will produce just about any schedule that a Bank, Savings & Loan, Title Company, or individual will ever need.

ayment Log - A module to create an ongoing amortization schedule with varied payment amounts, and or, interest rates. Each payment is logged by payment number, date, amount of payment, amount applied to interest, amount applied to principal, and new balance. Also, an excellent way to manage mortgage receivables. OPERATION MANUAL ortgage Magic Enter the mortgage principal without $ signs or commas. The interest rate as a whole number (integer) and decimal fraction where necessary. Example: 10.5 for 10-1/2%. Enter the term of the mortgage in months. Next, select any proposed higher payment amount. You might use the program suggestions for a start. Then press to view some amazing results. especially the EOPAY (Excess of Payments Annual Yield) which is the program equivalent to earned interest. Now you can select; nother or - to try a new payment amount, ew - for a different mortgage, or uit - to return to the Main Menu. As the 10 key pad is the easiest to enter data, the pads small key is equivalent to nother; the "+" key is equivalent to ew; and the pads "-" key is the same as uit. The percentage rate can be changed by pressing without a value. That drops you to the new percen- tage location for a new entry. hat If Requires the same data: principal, interest, and term, as Mortgage Magic - but will accept new amounts throughout the continuous loop. Three empty s tells the program that you are finished, and returns you to the Main Menu. To find the term of a contract the first time thru, at the term equals prompt, press to take you to the payment entry. Now enter your desired payment amount, and the term will be solved. Subsequent loops require entering "P" at the term prompt to reach "Payment amount?". At the principal = prompt, three alpha entries enhance the program when needed: "S" to enter Simple Interest mode, "C" to return to Compound mode, and "A" to save the principal, interest, term, and monthly payments as they appear on screen and carry them directly to the Amortization module for quick data entry (should be your regular routine). mortization When entering Amortization, a "company" name is displayed for approval or change. To change, press "Y" and enter the new name and address. Failing to change the address also will leave the old address to print with the new name. Change both at the same time. To accept the "company" name, press "N" or . The "client's" name is optional. Next, the loan principal prompt appears, enter the same without $ signs or commas. Points or other charges to be financed are added to the principal amount and are indicated, on screen only, how much was added. The interest rate (consistent throughout Debt-Free) should be entered as a whole number (integer) and decimal fraction. Example: 10.5 for 10-1/2%. Term is to be entered in months. Next, "first payment month" is required to date the monthly payments, as is the "first payment year". The month can be entered by typing at least three characters of the month, like "jan" - or by typing its decimal equivalent, like "1". Next, the calculated payment appears on screen and the question, "is that o.k.? (Y/N)". Enter "N" to adjust. "Y" or to accept. "Change mid-term payment amount? (Y/N)" provides an opportunity to increase (in most cases) the payment value anywhere within the loans term. Press "N" or to reject. Next, and somewhat condition- ally, you are asked whether to charge extra for leap years. Selecting yes will charge additional interest for February 29s throughout the amortization. At the "output to printer (Y/N)?" prompt, select "Y" for printer output. For screen only, enter "N" or . If it is the "bottom line" that you want, press "E" instead for xpress.

ayment Log This program is companion to Mortgage Magic, and will maintain files on your mortgage(s) somewhat like an ongoing amortization schedule. The big difference is that you can pay a different amount each month and still keep track of the amount applied to principal, applied to interest, payment amount, date of payment, sequential number of payment, and new balance owed. Interest rates can also be changed on demand. This module is excellent for mortgage receivables, also. At: "Name of data base?". Select a name, up to eight characters long (prefix only, the suffix ".LOG" is automatic. Next, select ew or xisting. If it is new, enter "N", and answer the following questions: Name of borrower, Name of Lender, Loan amount, Interest rate, and term in months. If it is an established account, type "E". Next: "Change date?" will appear. If you wish to change the date or any other factors, answer (Y/N). Otherwise, just for "Express treatment". Finally, the scheduled payment will appear and the question, "amount this payment" lets you select any amount, or you can choose the previous payment amount by pressing . If a payment is skipped, enter a negative amount ("-1", for example) to force a zero payment value. An on screen summary displays: Scheduled payment, Amount this payment, Late charges applied, Applied to interest, Applied to principal, Previous balance, and New balance. You are then asked "Is this o.k.? (Y/N) or ". To change the amount of this payment, or to enter late charges, press "N". To accept it as is, press "Y" or . You may re-enter the last file accessed by pressing " ' ", the apostrophe, or plus (+) sign. This takes you past the question "Existing or New" and lands on the change date line. To change the date, you may answer es or press the apostrophe, or plus (+) sign once more. The plus "+" sign substitutes for the apos- trophe for fast 10 key pad operation. When you desire to print a large file on screen but don't want to search for the end, at the "Print file... Screen or Printer" option, type "E" for xpress and the program automatically scrolls to the final screen. "DFEXIST" A utility program named "DFEXIST.EXE" will "set up" existing mortgages by using figures from an existing amortization schedule to start off "Payment Log" where payment amounts differ from the schedule. To use this utility; from DOS, type DFEXIST and answer questions that can be obtained from your amortization schedule. Upon completion of this short utility, files will be created to easily enter future payments as an "existing" database (do not select "New" database the first time you use it from within Payment Log). "CONVERT" A utility to convert Log files of earlier versions of "DEBT-FREE". You must be in the DEBTFREE directory to use it from DOS. "GROUP" Selectively groups Log files for consolidated reporting with totals, but only after normal program posting. Use from DOS, and from within the DEBTFREE directory. Note: will exit all individual units except Mortgage Magic which requires either uit or the minus "-" sign to exit. The Main Menu may also be exited with , so when leaving a unit use care to press only once or you may completely leave the program.