Navigation:  Loan Screens > Account Information Screen Group > Additional Loan Fields Screen > Origination/Maturity tab > Original Add-On

Entry: System, numeric

F/M: Yes

Mnemonic: LNOADD

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

 

This field displays the total of amounts added onto the principal in any loan.

 

Examples of add-on amounts might be:

 

•Rule of 78s (payment method 3) interest, insurance, and dealer reserves.

 

•Insurance premium included as part of a simple interest loan.