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AMORTIZATION SCHEDULE

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    AMORTIZATION SCHEDULE

    i'm a foxpro programmer, i create a program a loan system, i've already created the entry of the system using a5, but when i get to the schedule of amortization, i get a headache to solve this in alpha five, how can i do this

    there's a screen shot of my program

    i want to create a amortization schedule from date release to maturity date, automaticaly date entry in a child table

    sample ENTRY:

    LOAN ID: (AUTO)
    LOAN AMOUNT: 50,000
    DATE RELEASE: 07/04/2002
    MATURITY DATE: 07/04/2003

    MODE OF PAYMENT: WEEKLY
    MONTHS TO PAY: 12
    INTEREST RATE: 12%
    PAYMENT START: 07/07/2002

    the schedule date will be every 7th, 15th, 22nd, and end of month(exact date of end month)

    pls. help

    nehru =)

    #2
    RE: AMORTIZATION SCHEDULE

    The payment schedule is avaailable as a function/s in A5

    PAYMENT Returns the fixed periodic payment amount required to amortize a loan of the specified loan amount at a fixed periodic interest rate over a given number of payment periods. Payment periods entered as decimals will be rounded up to integers.
    PAYMENT2 Returns the fixed periodic payment amount required to amortize a loan of the specified loan amount at a fixed periodic interest rate over a given number of payment periods. Payment periods entered as decimals will be calculated with no rounding.

    Is this the part giving you trouble?
    There can be only one.

    Comment


      #3
      RE: AMORTIZATION SCHEDULE

      the output of the child table will look like this, from released date up to maturity date, automatically, no entry needed,

      DATE AMOUNT
      07/07/2002 1,045.00 (round off, by divicible by 5)
      07/15/2002 1,045.00
      07/22/2002 1,045.00
      end of month 1,045.00
      |
      |
      V
      07/07/2003 1,045.00
      up to the date of maturity

      i need to display this for information only not in reports

      see the attach file

      Comment


        #4
        RE: AMORTIZATION SCHEDULE

        There is no file attached.

        kenn
        TYVM :) kenn

        Knowing what you can achieve will not become reality until you imagine and explore.

        Comment


          #5
          RE: AMORTIZATION SCHEDULE

          i upload it already, why i can't upload it, size is 142kb compress in winzip, let me try again,

          see the attach file

          Comment


            #6
            RE: AMORTIZATION SCHEDULE

            try again, lag connection

            Comment


              #7
              RE: AMORTIZATION SCHEDULE

              im just want to generate a table or template like in foxpro like this using a5

              date amount
              07/07/02 1,045.00
              07/15/02 1,045.00
              07/22/02 1,045.00
              end of month 1,045.00
              08/07/02 1,045.00
              08/15/02 1,045.00
              08/22/02 1,045.00
              end of month 1,045.00
              | |
              | |
              | |
              V V
              up to maturity date

              can u help me, the entry is in the top of the subject

              thanks,

              nehru =)

              Comment


                #8
                RE: AMORTIZATION SCHEDULE

                Try this:

                http://www.learn alpha.com/Amorts/Amorts.htm

                Comment


                  #9
                  RE: AMORTIZATION SCHEDULE

                  Nehru,

                  I've included a zip file that I downloaded to the 'Code Archive' some time ago. It might help you with your amortization issues.

                  Regards,
                  --Bob

                  Comment

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