How to attain an Amortization Schedule

1. Access this program selecting System Management-->Inquiries--> Amortization Schedule.

2. (Optional) In the Description field, enter the loan description (up to 40 characters).

3. In the Principle field, enter the principle amount of the loan (.01-9,999,999.99).

4. In the Rate field, enter the interest rate (.001-99.999). Press Enter (CR) to default to 0.

5. In the Months field, enter the life of the loan in months (1-999).

6. In the Start Month field, enter the starting month of year of the loan (1-12). Press Enter (CR) to default 1.

7. The system now displays the calculated monthly payment, total payment, and total interest in the header portion. At the command prompt, the system displays the message: Print Schedule? Enter a T-terminal or one of the available printer numbers displayed at the bottom of the screen to determine where to print the calculated schedule. Press Enter (CR) to default to T.

8. In the lower portion of the screen, the system displays the following schedule information: one line per month of a year - year, month, total accumulated months, payment, principle, interest, total interest paid, and balance of the loan.

9. When you have finished reviewing the amortization schedule, you can enter additional loan parameters or press F4 to exit the program.