Mortplan - Cal Poly Pomona

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					                              MORTPLAN

                          Version 2.2

(c) COPYRIGHT 1984,85,86 - All Rights Reserved

                                   by

                        MUSTANG SOFTWARE 3125 19th
               Street, Suite 162 Bakersfield, CA 93301-3118
                           (805) 395-0223
                                ----- MORTPLAN Version 2.2 -----


MORTPLAN is distributed under the Shareware concept which means that you do not
have to pay for it. You may make as may copies as you wish, give the program to
anyone or do anything else you wish except sell it. If you find the program useful, you
are asked to make a donation of $30.00 to the author. This is to help in recovering some
of the cost of development and any further enhancements of this program and to
encourage the development of additional programs.



                                    --- REQUIREMENTS ---

                              IBM or compatible computer 128K of memory
                              1. diskette drive of any kind Mono or color display Printer
                                 if hard copy desired



                                  --- LIMITED WARRANTY ---


THIS PROGRAM IS PROVIDED "AS IS" WITHOUT WARRANTY OF ANY
KIND, EITHER EXPRESSED OR IMPLIED, INCLUDING BUT NOT LIMITED
TO THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR
A PARTICULAR PURPOSE WITH RESPECT TO DEFECTS IN THE PROGRAM
OR DOCUMENTATION. ALTAVILLE SOFTWARE ASSUMES NO RISK AS TO
QUALITY AND PERFORMANCE OF THE PROGRAM. SHOULD THE PROGRAM
PROVE DEFECTIVE, YOU ASSUME THE ENTIRE COST OF ANY LOSS OF
PROFIT OR ANY OTHER COMMERCIAL DAMAGE. SOME STATES DO NOT
ALLOW THE EXCLUSION OF IMPLIED WARRANTIES SO THE ABOVE
EXCLUSION MAY NOT APPLY TO YOU. THIS STATEMENT SHALL BE
CONSTRUED, INTERPRETED, AND GOVERNED BY THE LAWS OF THE
STATE OF CALIFORNIA.

                                       --- COPYRIGHT ---

Regardless of the method of marketing used, MORTPLAN is NOT in the "Public
Domain". It is copyrighted by Mustang Software. However, we grant you the right, in
fact ENCOURAGE you to make and distribute as many copies as you wish, using any
acceptable medium of exchange, with the following restrictions:

                                                      - DO NOT -

                            1. Distribute the Program without this documentation;
               2. Accept remuneration for the program;
               3. Alter the program in any manner.




                      --- TABLE OF CONTENTS ---

OVERVIEW ...................................... 3

DATA ENTRY KEYS ............................... 4

SPECIAL KEYS FOR OPTION 2 ..................... 4

NUMERIC INPUT ................................. 5

INPUT FIELD MAXIMUMS .......................... 5

MORTPLAN FILES ................................ 5

COMMENTS ...................................... 5

AMORIZATION CALCULATION I ..................... 6

AMORTIZATION CALCULATION II ................... 8

MORTGAGE COMPARISON ........................... 10

MORTGAGE PART ANALYSIS ........................ 11

CALCULATE LOAN PAYOFF ......................... 12

MULTI-YEAR MORTGAGE RATES ..................... 13

TECHNICAL SUPPORT ............................. 14

REGISTRATION FORM ............................. 15
                                            --- OVERVIEW ---



MORTPLAN is a program of various amortization functions that can be selected from a
main menu. Some of these funtions allow for the use of screen output as well as printed
output. Each of these functions will be explained later in this manual.



The program is menu driven for ease of use. To select one of the functions from the
menu, enter the number of the desired funtion. It is NOT required that you press the
enter key so the program will automatically take you to your selection. If you accidently
hit the wrong key, don't worry, pressing the ESC key will always return you to the main
menu. Below is a diagram of the main menu.




--------------------------------------------------------------------
|                ======================                               | | SEP-13-1985    |
MORTGAGE PLAN 2.2 |                    11:56:25 am | |
======================                                 ||                                     ||
||                                                  ||             1. AMORTIZATION
CALCULATION I                        ||               2. AMORTIZATION CALCULATION II
||             3. MORTGAGE COMPARISONS                                      ||        4.
MORTGAGE PART ANALYSIS                                    ||              5. CALCULATE LOAN
PAYOFF                        ||             6. MULTI-YEAR MORTGAGE RATES
||                                                  ||                                     ||
9. EXIT THE PROGRAM                                 ||                                     ||
||                                                  ||                                     ||
ENTER NUMBER OF DESIRED SELECTION                                      ||
||                                                  |
--------------------------------------------------------------------
                                      --- DATA ENTRY KEYS ---


The computer will put the cursor in the proper position for entering information in each
field. The length of each field is marked by the [ and ]. You must enter information into
each field except those labeled as optional. You will not be allowed to move beyond the
left and right boundaries of each field. The following keys can be used for inputing data:


       The LEFT and RIGHT cursor control keys move the cursor anywhere within the
       boundary of the field.

       The BACKSPACE, INS and DEL keys move the same as in DOS. If you attempt
       to insert more characters than the field will allow, the computer will beep and
       INS is cancelled.

       The HOME key will move the cursor the beginning of the first input field of that
       screen.

       The END key will move the cursor to the last position of current the input field.

       The UP and DOWN cursor control keys move the cursor to the next field in the
       appropriate direction. The only exception to this rule is that you will not be
       allowed to move up from the first field until ALL required fields have been
       entered. You may use these keys the same way you would the ENTER key.

       The ENTER key will input the information and cause an edit to occur. If you
       hear the BEEP, you have made an error. The error message will be displayed on
       line 25 and the cursor will be repostioned at the beginning of invalid field.

       The F10 key will tell the computer that ALL information on the screen is OK
       and start processing the data. The F10 is only active when you see a message at
       the bottom of the screen indicating this fact.
                                SPECIAL KEYS FOR OPTION 2

       The PGUP and PGDN keys will page the screen up and down when you are in
       the ADDITIONAL PAYMENT section of option number 2. This is useful when
       looking at many years.

       The combination of the CTRL and the LEFT or RIGHT cursor control keys will
       move the cursor to the field in the next column in the appropriate direction.




                                    --- NUMERIC INPUT ---

When inputting numbers, you do NOT have to put the decimal point in if it is a whole
number. You are allowed to insert commas in amount for clarity. Inputting the
amount 81,450.75 will display much better and will be used correctly by the program.


                                      INPUT FIELD MAXIMUMS

The following is a list of the maximum allowable input amounts for the fields on ALL
of the screens you will see:

            Original loan amount ............ 99,999,999.99 Interest rate ................... 35.000
            Number of years ................. 40 Month of first payment .......... 12 Year of
            first payment ........... 99 Principal & interest payments ... 99,999,999.99
            Additional payments ............. 99,999,999.99 Report title .................... 30
            characters Filename ........................ 24 characters Loan increment amount
            ........... 1,000,000.00 Rate increment amount ........... 5.000 Number of
            payments .............. 480 Year decrement amount ........... 10


                                        --- MORTPLAN FILES ---

The following files are a part of the MORTPLAN package. The first two files are the
only required ones. The last file is used to hold the random additional payment amounts
and is created and updated by you when using option 2 from the main menu. You may
have as many of these files as you would like.
MORTPLAN.EXE - This is the compiled version of the program.

MORTPLAN.DOC - This is the documentation file you are reading now.

anyfiles.xxx - This file will contain the random additional payments
                             and is named by you.


                                                      ---- COMMENTS ----

ANY comments or suggestions about the program would be greatly appreciated.
Send any comments or contributions to:


                                                      MUSTANG SOFTWARE 3125 19th
                                             Street, Suite 162 Bakersfield, CA 93301-3118




                                     --- AMORTIZATION CALCULATION I ---


--------------------------------------------------------------------
|                ======================                                     | | SEP-13-1985   |
MORTGAGE PLAN 2.2 |                        12:56:25 pm | |
======================                                  ||                                        ||
AMORTIZATION CALCULATION I                                        ||
||          REQUIRED INFORMATION                                               ||
||       Original loan amount .......... [$_                ]        ||
||       Interest rate ........................ [ %]          ||
||       Number of years ........................... [ ]         ||
||       Date of first payment ..... Month [ ] Year [ ]                    ||
||          OPTIONAL INFORMATION                                               ||
||       Principal & Interest payment .. [$                   ]         ||
||       Additional payments ........... [$                ]        ||
||           ESC will return you to the main menu                           ||
|
--------------------------------------------------------------------


This option will allow you to calculate the amortization payment schedule for a typical
loan. You MUST enter information in ALL of the required fields. If you do not or you
enter invalid information, the computer will beep, display an error message, and postion
the cursor at the beginning of the invalid field.


If an amount is entered in the principal and interest payment field the program will use
that amount in calculating the schedule. If no amount is entered, the program will
calculate the correct amount and complete the schedule. If an amount is entered in the
additional payments field, it will be used for the ENTIRE schedule. If you wish to make
DOUBLE PRINCIPAL payments, enter an * in the first position of the field. The field
will then display DBL PRINCIPAL. To remove the *, enter 0.00 for the amount or
delete the message.


After the program has finished its calculations, the following summary screen will be
displayed. You may then make a selection as to how you wish to continue. You may
Print the schedule to your printer, Display the schedule to the screen, Modify the
original information, or Return to the main menu.




--------------------------------------------------------------------
|                ======================                                 | | SEP-13-1985   |
MORTGAGE PLAN 2.2 |                    12:56:25 pm | |
======================                                ||                                      ||
AMORTIZATION SUMMARY                                     ||
||           Original loan amount          81,000.00                 ||
||           Interest rate             12.000%                ||
||           P & I payment                 833.18              ||
||           Total interest          218,932.03                ||
||           Number of payments                  360              ||
||           First payment              AUG 1980                  ||
||           Last payment                JUN 2010                 ||
| | (P)rint amortization detail (M)odify existing information | | (D)isplay amortization
detail (R)eturn to the main menu              |
--------------------------------------------------------------------


                                      --- WARNING MESSAGES ---


If the amortization schedule finishes before the entered number of years, you will notice
two blinking arrows pointing to the changed information and a message telling you the
schedule has FINISHED EARLY NOTE CHANGES. If the principal and interest
payment is not enough to completely pay off the loan at the end of the scheduled time,
a blinking arrow will point to the number of payments and a message will tell you
PAYMENT TOO LOW STILL A BALANCE.




                                  --- AMORTIZATION CALCULATION II ---

--------------------------------------------------------------------
|                ======================                                    | | SEP-13-1985   |
MORTGAGE PLAN 2.2 |                         1:56:25 pm | |
======================                                  ||                                       ||
AMORTIZATION CALCULATION II                                        ||
||          REQUIRED INFORMATION                                              ||
||       Original loan amount .......... [$_               ]        ||
||       Interest rate ........................ [ %]         ||
||       Number of years ........................... [ ]        ||
||       Date of first payment ..... Month [ ] Year [ ]                   ||
||          OPTIONAL INFORMATION                                              ||
||       Principal & Interest payment .. [$                   ]        ||
||       Report title .. [                         ]       ||
| | ESC will return you to the main menu .... F10 if screen OK | |
|
--------------------------------------------------------------------

This option will also allow you to calculate the amortization payment schedule for a
typical loan. The only difference from the first option is the ability to store on a file a
set of RANDOM additional payments. This allows you to start doubling your
principal payments at any point during the time of the loan or to pay a set amount for a
while then discontinue paying the extra payment or to change it to another amount.

The first screen displayed will ask for the name of the file. You may use paths in
describing the name of the file. You are limited to 24 characters so don't get too wordy.
If no file exists, a file will be created for you to enter your information into.

You will then see the screen displayed above. Once again, You MUST enter
information in ALL of the required fields. If you do not or you enter invalid
information, the computer will beep, display an error message, and postion the cursor at
the start of the bad field.

All fields in this screen have the same function as in the previous option except the one
titled Report title. This field is used if you wish the printed output to contain a
customized title on the summary page.




--------------------------------------------------------------------
|                ======================                                | | SEP-13-1985        |
MORTGAGE PLAN 2.2 |                     1:56:25 pm | |
======================                                ||                                               ||
AMORTIZATION CALCULATION II                                     ||
||         1980        1981        1982        1983        1984 | |
| | AUG XXXXXXXXXX                    0.00        0.00        0.00       0.00 | | SEP     0.00
0.00       0.00        0.00       0.00 | | OCT         0.00        0.00      0.00     0.00       0.00 |
| NOV         0.00       0.00       0.00        0.00       0.00 | | DEC         0.00     0.00
0.00       0.00        0.00 | | JAN        0.00        0.00        0.00      0.00     0.00 | | FEB
0.00       0.00        0.00       0.00       0.00 | | MAR           0.00      0.00     0.00       0.00
0.00 | | APR         0.00        0.00       0.00       0.00        0.00 | | MAY       0.00      0.00
0.00       0.00        0.00 | | JUN        0.00        0.00        0.00      0.00     0.00 | | JUL
0.00       0.00        0.00       0.00       0.00 | |                                               ||
Enter new amount, if desired .... [$                ]      ||
| | ESC will return you to the main menu .... F10 if screen OK | |
|
--------------------------------------------------------------------
This screen will allow you to input the RANDOM additional payments. The first 60
payments of your schedule with the months in your order will be initially displayed
with the first additional amount in reverse video. To change any of the amounts, move
the indicator to the desired location and enter the new amount. The * will once again
allow you to double the principal without knowing the exact amount. The single quote '
will copy the amount from the previous field so you can input a fixed amount in a rapid
manner.


To move to the next 60 payments, press the PGDN key or press the ENTER key after
changing the last field on the screen. To move from one column to the next, hold the
UP or DOWN key down or press the CTRL and LEFT or RIGHT key.


When you are through changing the additional amounts, press the F10 key and the
amounts will be saved to your file. The program will then calculate the amortization
schedule and display the summary screen. From this screen you can Display, Print,
Modify information or Return to the main menu.




                                          --- MORTGAGE COMPARISON ---

--------------------------------------------------------------------
|                   ======================                             | | SEP-13-1985                |
MORTGAGE PLAN 2.2 |                     2:56:25 pm | |
======================                                 ||                                                   ||
MORTGAGE COMPARISON                                      ||                                                   |
|                                                 ||        Original loan amount .......... [$_              ]
||                                                  ||       Interest rate ........................ [   %]
||                                                  ||       Number of years ........................... [ ]
||                                                  ||       Loan increment amount ......... [$
]         ||                                                ||      Rate increment amount ......... [$
]         ||                                                ||      To the [P]rinter or [S]creen
............... [ ]    ||                                                 ||
||           ESC will return you to the main menu                    ||
|
--------------------------------------------------------------------


This option will allow you to compare a range of interest rates and a range of loan
amounts at the same time. Depending on the size of the loan amounts, you will get five
or six columns of loan amounts with 15 rows of rates displayed on the screen. If you
select to print the information, you will get 25 rows of loan amounts and 16 columns of
interest rates.


If you wish to view the information on the screen before printing it, don't worry about
having to reenter the information. The program will return to this screen again so you
can change any of the information or now request the information to be printed.


To return to the main menu, press the ESC key.




                                           --- MORTGAGE PART ANALYSIS ---

--------------------------------------------------------------------
|                      ======================                         | | SEP-13-1985                |
MORTGAGE PLAN 2.2 |                     3:56:25 pm | |
======================                                 ||                                                      ||
MORTGAGE PART ANALYSIS                                    ||
||                                                  ||       Original loan amount ....... [$ _
]         ||                                                ||      Interest rate ....................... [
%]            ||                                               ||     Number of years
........................... [ ] ||                                                ||         P&I
payment ................. [$         ]       ||                                                     ||
||                                                  ||                                                      ||
||                                                  ||       Enter letter of desired calculation or X
to exit            ||                                             |
--------------------------------------------------------------------
This option will allow you to select which of the four mortgage parts you wish to
calculate. To make your selection, enter the beginning letter of the desired part. After
you have made your selection, the program will remove the input area for that part and
allow you to enter the remaining three.


Be patient, as some of the desired information may take a few seconds to calculate.
The program will display PLEASE WAIT .... CALCULATING DESIRED
INFORMATION when it is working. When finished, the program will display the
desired information and also display the Total interest and the Number of payments.
Pressing ANY key at this point will return you to the main menu.


To exit this option. initially, press the letter X [upper or lower case]. To exit this
option after selecting one of the mortgage parts to calculate, press ESC.




                                            --- CALCULATE LOAN PAYOFF ---

--------------------------------------------------------------------
|                      ======================                            | | SEP-13-1985              |
MORTGAGE PLAN 2.2 |                     4:56:25 pm | |
======================                                 ||                                                        ||
CALCULATE LOAN PAYOFF                                     ||
||                                                  ||        Original loan amount .......... [$_
]         ||                                                 ||      Interest rate ........................ [
%]            ||                                                ||     Number of payments
....................... [ ]   ||                                                 ||        P & I payment
................. [$        ]     ||                                                  ||
||                                                  ||                                                        ||
||                                                  ||             ESC will return you to the main
menu                     ||                                            |
--------------------------------------------------------------------
This option is useful if you have been paying on an existing loan for some period of
time and would like to know how much the payoff would be. This option assumes that
NO additional payments have been made. If this is the case, use options 1 or 2 to find the
remaining balance of your loan.


The number of payments made is based on 12 payments per year. DON'T enter the
number of years you have been paying on the loan.


After entering ALL required information, the program will calculate and display the
Payoff amount and the Total interest paid to date. Pressing ANY key at this point will
return you to the main menu.




                                        --- MULTI-YEAR MORTGAGE RATES ---

--------------------------------------------------------------------
|                  ======================                               | | SEP-13-1985              |
MORTGAGE PLAN 2.2 |                     5:56:25 pm | |
======================                                 ||                                                    ||
MULTI-YEAR MORTGAGE RATES                                     ||
||                                                  ||      Original loan amount .......... [$_
]         ||                                               ||       Interest rate ........................ [
%]            ||                                              ||      Rate increment amount
................ [   %]           ||                                            ||        Number of
years ........................... [ ] ||                                                   ||          Years
decrement amount .................... [ ]        ||                                                      ||
To the [P]rinter or [S]creen ............... [ ]        ||                                                    |
|                                                 ||           ESC will return you to the main
menu                 ||                                               |
--------------------------------------------------------------------
This option will calculate the principal and interest payments for a set loan amount over
multiple years and varying rates. The output can be directed to the screen or the printer.
Notice that the years are changed by decrementing them while the interest rates are
changed by incrementing them.


Depending on the size of the principal and interest payment, you will get five or six
columns of loan payments with 15 rows of rates displayed on the screen. If you select
to print the information, you will get 25 rows of varying rates and a maximun of 10
columns of payments.


If you wish to view the information on the screen before printing it, don't worry about
having to reenter the information. The program will return you to this screen again so
you can change any of the information or now request the information to be printed.


To return to the main menu, press the ESC key.




                                      --- TECHNICAL SUPPORT ---

Customer satisfaction is very important to Mustang Software. We have tried to anticipate
and respond to potential questions in this docu- mentation. However, we realize that,
from time to time, unexpected situations may occur. Therefore, if you need additional
assistance or information, you may do so via the following methods:

                                      1. CompuServe (75236,3312)
                                      2. Mustang Software (805) 395-0223

If your contact is by phone, please observe the following hours:

                                      Monday - Friday 7am - 9pm (PST)** Weekends
                                      9am - 9pm (PST)**

** We DO NOT mind the phone calls, but please stay within these time parameters.
              --- MORTPLAN REGISTRATION FORM ---


Name: ___________________________________________

Company: ________________________________________

Address: ________________________________________

City: ________________ State: __ Zip: _________

Telephone: (____) ____-_______

Version: _______

Comments:




Mail to:       MUSTAGE Software
                                      3125 19th Street, Suite 162
                                      Bakersfield, CA 93301-3118

				
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