Navigation:  Loan Screens > Account Information Screen Group > Amortizing Fees And Costs Screen > Fee/Cost Information field group > Amortization Rate

Entry: User, numeric

F/M: Yes

Mnemonic: F1DART

Screen: Loans > Account Information > Amortizing Fees And Costs screen

 

Enter a new amortization rate for the loan. This rate is only used with amortization method 002–Level Yield. It is the difference between the original loan APR and the loan rate.