Navigation:  Loan Screens > Account Information Screen Group > ARM Information Screen > Rate Caps & Negative Amortization tab > Negative Amortization field group > P/I Increase Limit

Entry: User, numeric

F/M: Yes

Mnemonic: LNAMPL

Screen: Loans > Account Information > ARM Information > Rate Caps & Negative Amortization tab

 

This field contains the percentage limitation of the increase or decrease to the P/I per P/I change frequency. This field is only used if a checkmark is entered in the Use Payment Cap field. Values are entered by the user as a 3-decimal number (7.500).

 

See also: Use Payment Cap