Navigation:  Loan Screens > Account Information Screen Group > Payment Information Screen > Loan Information tab > P/I Constant

Entry: User, numeric

F/M: Yes

Mnemonic: LNPICN

Screen: Loans > Account Information > Payment Information > Loan Information tab

 
This is the regular monthly payment on the loan. This amount includes principal and any interest. If you change the Frequency for this loan and click , the principal and interest payment will be recalculated based on the new frequency payment, the Principal Balance left on the loan, the Interest Rate on the loan, and the remaining payments until the loan reaches maturity. The Remaining Payments til Maturity field is on the Loans > Transactions > CP2 screen, Payment Schedule tab.