Combined loan and investment system and method
First Claim
1. A data processing system for managing a combined collateral loan and investment program, the collateral loan having tangible collateral, the system using loan amortization parameters to perform a comparative analysis, comprising:
- a computer processor; and
program code configured to be executed by the computer processor to compare a conventional loan program to an interest only loan and systematic investment and lump sum program to determine an initial lump sum for an investment account and an amount for systematic and fixed deposits to the investment account.
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Abstract
A combined loan and investment program comprises a computer processor and program code configured to be executed by the computer processor to process financial loan and investment data by calculating from the data interest and principal loan payments on a loan principal at a given rate and term, calculating investment performance data on a periodic principal investment deposit at a given rate and calculating loan principal amortization parameters as a function of the investment performance data. The present invention provides a method for paying off a mortgage and simultaneously generating wealth via an investment account by making a payment to a mortgagee, dividing the payment, applying a first portion of the payment to satisfy the interest due on the mortgage, applying a second portion of the payment to an investment account, allowing the investment account to grow and applying a portion of the investment account to satisfy the mortgage.
34 Citations
22 Claims
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1. A data processing system for managing a combined collateral loan and investment program, the collateral loan having tangible collateral, the system using loan amortization parameters to perform a comparative analysis, comprising:
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a computer processor; and program code configured to be executed by the computer processor to compare a conventional loan program to an interest only loan and systematic investment and lump sum program to determine an initial lump sum for an investment account and an amount for systematic and fixed deposits to the investment account. - View Dependent Claims (2, 3, 4, 5, 6, 7)
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8. A data processing system for managing a combined collateral loan and investment program, the collateral loan having tangible collateral, the system using loan amortization parameters to perform a comparative analysis, comprising:
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a computer processor; and program code configured to be executed by the computer processor to process financial loan and investment input data by calculating from the data interest and principal loan payments on a loan principal at a given rate and term, calculating investment performance data on periodic principal investment deposits at a given rate, calculating loan principal amortization parameters as a function of the investment performance data, and using said loan amortization parameters to perform a comparative analysis between a traditional amortized loan and said combined collateral loan and investment program, said loan principal amortization parameters including a loan amount, an anticipated down payment, a market value of the tangible collateral, a periodic loan balance, an accelerated loan repayment term, and a periodic investment program value. - View Dependent Claims (9, 10, 11, 12, 13, 14)
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15. A data processing system for managing a combined collateral loan and collateralizable investment program, the collateral loan having tangible collateral, the system using loan amortization parameters to perform a comparative analysis, comprising:
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a computer processor; an interest and principal loan payment calculator operably connected to the computer processor; an investment performance data calculator operably connected to the computer processor, said investment performance data calculator having program code configured to determine an investment account value, an investment account rate of return, an investment account initial deposit, an investment account systematic deposit, an investment account rate of interest, and an investment account frequency of compounding; and a loan principal amortization calculator operably connected to the computer processor; wherein said investment performance data calculator program code determines the investment account initial deposit and investment account systematic deposit by comparing a conventional loan to an interest only loan; and wherein said computer processor performs a comparative analysis of data from said investment performance data calculator and data from said loan principal amortization calculator. - View Dependent Claims (16, 17)
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18. A data processing system for managing a combined collateral loan and investment program, the collateral loan having tangible collateral, the system using loan amortization parameters to perform a comparative analysis, comprising:
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a computer processor for processing financial loan and investment data; a data storage means for storing the investment data on a storage medium; a means for calculating from the investment data a plurality of interest and principal loan payments for a loan principal at a particular rate and for a particular term; a means for calculating investment performance data for a plurality of periodic principal investment deposits; a means for calculating loan principal amortization parameters as a function of the investment performance data, said loan principal amortization parameters including a loan amount, an anticipated down payment, a market value of the tangible collateral, a periodic loan balance, an accelerated loan repayment term, and a periodic investment program value; and a means for using said loan amortization parameters to perform a comparative analysis between a traditional amortized loan and said combined collateral loan and investment program. - View Dependent Claims (19)
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20. A method of establishing a combined collateral loan and investment system for accelerating paying off the collateral loan during the life of a borrower, the collateral loan having tangible collateral, the method using loan amortization parameters to perform a comparative analysis, comprising the steps of:
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setting a capitalized value of a loan; determining, by a computer processor, principal payments for a loan of said capitalized value at a given rate and given term; determining, by the computer processor, interest payments for a loan payment for said capital value; determining, by the computer processor, the performance of an investment growing with systematic and periodic payments of an amount similar to said principal payments and a lump sum payment; calculating, by the computer processor, amortization parameters of the capitalized loan value as a function of performance of said investment, said amortization parameters including an anticipated down payment, a market value of the tangible collateral, a periodic capitalized loan balance, an accelerated loan repayment term, and a periodic investment program value; and using said amortization parameters to perform a comparative analysis between a traditional amortized loan and said combined collateral loan and investment system. - View Dependent Claims (21, 22)
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Specification