Navigation: Loan Screens > Account Information Screen Group > Account Detail Screen > Payment Detail tab > Payment Information field group >
Payoff Amount
Entry: System, numeric
F/M: No
Mnemonic: M1POFF
Screen: Loans > Account Information > Account Detail > Payment Detail tab
The Payoff Amount field is the total amount needed if the loan were to be paid off today. The payoff amount (POPOFF) is displayed on the Loans > Payoff screen, Post Payoff tab. 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.