Navigation:  Loan Screens > Account Information Screen Group > Additional Loan Fields Screen > Origination/Maturity tab >

Payoff Amount

Navigation:  Loan Screens > Account Information Screen Group > Additional Loan Fields Screen > Origination/Maturity tab >

Payoff Amount

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Entry: System, numeric

F/M: No

Mnemonic: LNCLAT

Screen: Loans > Account Information > Additional Loan Fields > Origination/Maturity tab

 

This is the total payoff amount of the loan, as indicated in the Amount field on the Loans > Payoff screen. This field is populated when the Payoff transaction is run (tran code 580). For more information on paying off a loan, see the Loans > Payoff screen help.

 

If a reversal of a payoff is processed, this field changes to zero.

 

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