Navigation:  Loan Screens > Account Information Screen Group > Precomputed Loans Screen > Loan Information field group >

Original Balance

Navigation:  Loan Screens > Account Information Screen Group > Precomputed Loans Screen > Loan Information field group >

Original Balance

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Entry: System, numeric

F/M: No

Mnemonic: LNOBAL

Screen: Loans > Account Information > Precomputed Loans screen

 

This field contains the original amount of the loan. On loans with precomputed interest (payment method 3), this amount will include the loan principal plus the add-on amounts. This field is originally entered through loan origination.

 

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