Navigation:  Loan Screens > Account Information Screen Group > Payment Information Screen > Loan Information tab > Recurring field group > Additional Principal

Entry: User, numeric

F/M: Yes

Mnemonic: RAOPMT

Screen: Loans > Account Information > Payment Information screen

 

If the customer wants to set up additional funds to include in recurring payments, enter that amount in this field. This amount will go directly toward paying down the principal, not the interest.