AZ2 - Calculate Monthly Mortgage Loan Payment V2.6 12-9-1992

Calculate the monthly payment necessary to amortize a loan (ordinary
annuity) when the payments are made at the end of each month.  AZ2
accepts input in the forms normally associated with a real estate loan.

Input Values Are:

    Loan or Mortgage Amount - The loan amount in dollars and cents.
    Do not use commas or dollar signs.  Decimals are permitted.

    Desired Annual Interest Rate - The interest rate, in percent,
    for the loan.

    Total Number of Payments - The number of monthly payments to
    be made on the loan.  Fractions are not allowed.

    Number of Payments per Year - A monthly payment would be 12
    payments per year.  Semi-annual would be 2.  etc.

This program solves the ordinary annuity equation for the payment and
gives the answer in dollars and cents.  If you desire hard copy, use
the print screen function on your computer.