Navigation:  Loan Screens > Account Information Screen Group > Account Detail Screen > Payment Detail tab > Payment Information field group >

P/I Payment

Navigation:  Loan Screens > Account Information Screen Group > Account Detail Screen > Payment Detail tab > Payment Information field group >

P/I Payment

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Entry: System, numeric

F/M: No

Mnemonic: LNPICN

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

 

This field contains the portion of the regular payment that is divided between the amount to interest and amount to principal. This field is sometimes calculated by the system; however, the user has the ability to file maintain this field when needed.

 

When the Payment Method is 5 (line-of-credit) and the Payment Type field on the Loans > Line-of-Credit Loans screen is "2" or "4," this field will be the principal payment and will be the amount to principal only.

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