AZ5 - Calculate True Interest Rate for a Mortgage  V2.6 12-9-1992

Calculate the true interest rate when given the amortization of a loan
or regular annuity.  Useful for 'Truth in Lending' calculations.  AZ5
accepts input in the forms normally associated with a real estate loan.
This program allows a final or 'BALLOON' payment of a different amount
from the regular payment to be entered.  If there is no ballon payment,
enter the regular payment value for the balloon payment value.

Input values are:

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

    Lender Discount Points - The number of discount percentage points
    charged by the lender.

    Other Truth in Lending Costs - Any other amount in dollars and cents
    charged or deducted by the lender you want to include.

    Number of Payments Including Balloon - Enter the number of payments
    including the balloon payment; i.e. a 30 year loan with 12 payments
    a year is a 360 payment loan.

    Payments per Year - A loan with monthly payments has 12 payments per
    year.  ...quarterly has 4 payments per year.  etc.

    Regular Payment Amount - Payment amount in dollars and cents.

    Balloon Payment Amount - Balloon payment (one time payment at the
    end of a loan)  amount in dollars and cents.

This program solves the present value equation for the true interest
rate and gives the answer as a percentage.  If you desire hard copy,
use the print screen function on your computer.