SUMMARY: This is a 4-screen calculation and reporting section within Mortgage 2000. In screen 1 the user enters the property address information, purchase price of property, the date of expected purchase, budgeted annual property costs and income such as maintenance, insurance's, property taxes, rental income and tax credits. Then move to screen 2 (this screen) and enter alternative mortgage data values into columns. Program automatically calculates the deposit amount for each mortgage loan in each column and calculates the repayment values in the bottom two rows of each column. Selector boxes along the top are used to apply calculations in the screen 4 report.
Moving to screen 3 (not shown), this report provides the results of calculations of all the amortization schedules for all the alternative mortgages so that full interest costs, total repayments and final loan balances can be viewed for each alternative mortgage side by side. Provides great assistance towards working out which is the least cost mortgage package overall. Move to screen 4.

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