Navigation:  Loan Screens > Account Information Screen Group > Precomputed Loans Screen > Loan Information field group > Loan Rate

Entry: System, numeric

F/M: No

Mnemonic: LNRATE

Screen: Loans > Account Information > Precomputed Loans screen

 

This is the annual interest rate of this precomputed loan to the nearest three decimal places. The information in this field is set up when the loan is opened.