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

Entry: System, numeric

F/M: No

Mnemonic: N/A

Screen: Loans > Account Adjustment screen

 

This field contains the principal/interest effective date, which is the date that the next P/I constant should replace the P/I constant. This field, in conjunction with the Next PI Constant field, can be used to make a payment change in the amount of money applied to principal and interest. (This is the payment due date for the new P/I.)