Navigation:  Loan Screens > Account Adjustment Screen > Current Account Information field group > Next PI Constant

Entry: System, numeric

F/M: No

Mnemonic: N/A

Screen: Loans > Account Adjustment screen

 

The next P/I constant replaces the P/I constant as the amount to divide between principal and interest on a payment when the due date is advanced by the system to be greater than the P/I effective date, which is the date found in the Next PI Effective field.