[NoteSmith user: The text of this boilerplate BP-AMORTSTEP.TXT needs to be kept short--about 8 lines--so it fits within the space allocated and keeps your report to one page. Modify it from Tools, Text Editor, Open. Do NOT include these directions for customer printouts.]

Below is your original amortization schedule next to a step payment schedule which saves you interest while shortening your term. Please review and call if we can be of assistance.