Navigation:  Loan Screens > Original Loan Disclosure Screen > Loan Disclosure Information field group > First Pmt Amt

Entry: System, numeric

F/M: No

Mnemonic: OTFPAM

Screen: Loans > Original Loan Disclosure screen

 

This field displays the first minimum payment amount for the customer loan account.

 

Depending on how the loan is set up, the payment may be a monthly, bi-monthly, weekly, etc. payment.

 

This payment amount includes both principal and interest as designated by your institution.