Importance

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Abstract

A financial management data processing system determines monetary amounts related to a loan. The loan consists of a base loan amount to be used by a borrower, for which a lender charges the borrower an interest amount at a loan interest rate over a loan term. The loan also consists of an investment loan amount to be invested in an investment that earns a return on the investment at a rate of return. Information input means are included for inputting the base loan amount, the investment loan amount, the loan interest rate, the rate of return on the investment, and the loan term. First data processing means (i) sum the base loan amount and the investment loan amount to produce a principal amount, (ii) determine the interest amount based on the principal amount, the loan interest rate, and the loan term, (iii) amortize the loan based upon the loan interest rate and the loan term to determine an interest payment amount and a principal payment amount, and (iv) determine a loan payment amount by combining the interest payment amount and principal payment amount. Second data processing means determine the return on the investment based on the investment loan amount and the rate of return on the investment. Third data processing means apply at least a portion of the return on the investment to reduce at least one of the principal amount and the interest amount. Output means display results of determinations made by the first, second, and third data processing means.

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First Claim