         AMOUNT OF LOAN HOME BUYER CAN AFFORD                                   
                                                                                
ONE SIMPLE METHOD FOR DETERMINING WHETHER TO GIVE A MORTGAGE                    
TO AN APPLICANT IS TO SEE IF THE MONTHLY MORTGAGE PAYMENT                       
WOULD BE MORE THAN A CERTAIN FIXED PER CENT OF THAT                             
APPLICANT'S GROSS MONTHLY INCOME. IN THIS PROGRAM THE                           
MORTGAGE INTEREST RATE AND TERM IS KNOWN, ALONG WITH THE                        
APPLICANT'S GROSS MONTHLY INCOME AND THE FIXED PER CENT                         
MENTIONED ABOVE. IN ADDITION WE KNOW WHAT PER CENT OF THE                       
MONTHLY PAYMENT GOES FOR TAXES AND INSURANCE(MORTGAGE PAYMENT                   
IS NOT ALL FOR BANK). WITH THIS INFORMATION THE PROGRAM OUTPUTS                 
THE MAXIMUM MORTGAGE AMOUNT THAT THE APPLICANT CAN SUPPORT                      
                                                                                
PRESS ENTER TO BEGIN?                                                           
ENTER APPLICANT'S GROSS MONTHLY INCOME   ? 1234                                 
ENTER FIXED PER CENT                     ? 5                                    
ENTER TAX-INS % OF TOTAL PAYMENT         ? 25                                   
ENTER ANNUAL MORTGAGE INT RATE(%)        ? 3.75                                 
ENTER LENGTH OF MORTGAGE(YEARS)          ? 30                                   
                                                                                
MAXIMUM MONTHLY PAYMENT AMOUNT IS      $62                                      
CONTAINING INSURANCE AND TAXES OF    $15.42                                     
MAXIMUM MONTHLY PAYMENT FOR MORTGAGE IS    $46.28                               
                                                                                
MAXIMUM MORTGAGE LOAN AVAILABLE IS    $9992                                     
                                                                                
PRESS ENTER FOR MORE COMPUTATION? -1                                            
