MORTGAGE COMPARISON PROGRAM
                                                                                          
This program provides a comparison                                              of different mortgage terms.                                                                                                                                    The program will display the                                                    monthly payments and total interest                                             for all possible combinations of                                                mortgage amounts, interest rates,                                               and mortgage lives.  

The mortgage amounts are input in                                               dollars, the interest rates in                                                  percents, and the mortgage lives                                                in years.                                                                                                                                                                                               It is a modification of MORTCOST                                                      By  J.E. Felch                                                              Amos Tuck School of Business

The program will ask for the input                                              values one at a time.                                                                                                   One to ten values may be entered                                                for each category. When all values                                              for a category have been entered,                                               press RETURN without entering any                                               numbers. The program will move to                                               the next category, or begin the                                                 calculations.

Each mortgage amount will occupy                                                a single display.                                                                                                       If all combinations cannot be                                                   shown on a single screen, they will                                             be displayed one screen at a time                                               until all have been shown.

When all calculation values have                                                been displayed, the program will                                                ask if you wish to consider another                                             set of terms.  If the response is                                               Y or YES, it will return to the                                                 beginning of the program.

FOR A MORTGAGE OF  $10000               __________________________________                                              RATE   YEARS  PAYMENTS    INTEREST                                              6.000     5    193.33     1599.68

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               