title "Listing of loans";

PROC MORTGAGE
   amount = 400000      /* total loan         */
   months = 360         /* years * 12         */
   /*payment= 537.67      /* monthly note       */
   rate   = .05875       /* percent as decimal */
;
run;

proc loan start=2008:5;
	fixed amount=381000	rate=0.5875	life=360 schedule=1
		label='Fixed Rate';
run;

proc loan start=2008:5 price=381000 downpayment=17000 life=360;
	fixed rate=0.5875 schedule=1 label='Fixed Rate Loan 1';
	fixed rate=0.5375 schedule=1 label='Fixed Rate Loan 2';
	arm   rate=0.5175 worstcase caps=(0.5 2.5) schedule=1 label='Adjustable Loan 3';
	compare;
run;

proc loan start=2008:5 amount=364000 life=360;
	fixed rate=0.5875 schedule=1 label='Fixed Rate Loan 1';
	fixed rate=0.5375 schedule=1 label='Fixed Rate Loan 2';
	arm   rate=0.5175 worstcase caps=(0.5 2.5) schedule=1 label='Adjustable Loan 3';
	compare;
run;

proc loan start=2008:5 amount=364000 life=360 outsum=loans;
	fixed rate=0.5875 schedule=1 label='Fixed Rate Loan 1';
	fixed rate=0.5375 schedule=1 label='Fixed Rate Loan 2';
	arm   rate=0.5175 worstcase caps=(0.5 2.5) schedule=1 label='Adjustable Loan 3';
	compare outcomp=comp;
run;


proc print data=loans;
run;

proc print data=comp;
run;