Navigation:  Loan Screens > Account Information Screen Group > Account Detail Screen > Account tab > Payment and Classification field group > Next Payment Due

Entry: System, numeric

F/M: No

Mnemonic: NXTPAY

Screen: Loans > Account Information > Account Detail > Account tab

 

This is the amount of the next payment due. It may include principal, interest, late charges, or any other factors pertinent to an individual loan, such as reserves, based on what is entered in the Payment Application field or on the Miscellaneous > Payment Calculator Configuration screen. It is calculated by the system each time an account is requested and displayed. Because it is calculated by the system, this field cannot be file maintained.