Field

Description

Original Amt Financed

Mnemonic: LN78OP

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

This value is originally entered at loan origination.

Interest

Mnemonic: LN78OI

This field displays the original amount of precalculated interest estimated to be due over the life of the loan.

Total of Payments

Mnemonic: OTTPMT

This field displays the total amount that the customer will pay when the Original Amount of the loan plus Interest is paid.

Loan Balance

Mnemonic: LNPBAL

This field displays the unpaid principal balance of the loan.

Amt Past Due

Mnemonic: TOTAMT

This field displays the amount that is past due (at least one month unpaid) on the customer loan account.

This value is calculated based on the payment method, number of payments past due, and each month’s scheduled payment, plus all late charges and fees as of monthend.

Payoff Amount

Mnemonic: PAYOFF

This field contains the total amount required to pay off the loan. For more information concerning payoff of loans, see the Loans > Payoff screen.

Date of Loan

Mnemonic: LNOPND

This field displays the date the loan was opened or funded.

Last Pmt Date

Mnemonic: LNDTLP

This field displays the date the last payment was made as of monthend on the customer loan account.

Pmt Due Date

Mnemonic: LNDUDT

This field displays the date the next regular payment is due on the customer loan account.

P/I Constant

Mnemonic: LNPICN

For precomputed loans, this field displays the regular payment that is divided between the amount to interest and amount to principal on the customer loan account.

For all other loan types, this field displays the next payment amount due on the loan.

Reserve 1/2 Constant

Mnemonic: LNR1CN+LNR2CN

This field displays the sum of Reserve One and Reserve Two on the customer loan account (if applicable).

These values are the reserve payments due with the current payment pulled from the Loans > Account Information > Reserves > Reserve Analysis screen.

Interest Rate

Mnemonic: LNRATE

This field displays the current annual interest rate on the customer loan account.

Original APR

Mnemonic: LNAPRO

This is the average percentage rate (APR) for the customer loan account at origination.

Balance + Fees

Mnemonic: LNXFEER

This field displays the loan balance plus any additional fees currently active on the account.

Payment Revision Reason

Mnemonic: M1RPRC

If a signature loan payment has been revised, this field displays the reason the loan payment needed to be recalculated.

Collateral

Mnemonic: LNCLDS

The Collateral Detail field at the bottom of this screen displays the user-defined Collateral information entered on the Loans > Account Information > Account Detail screen.

Do not send statements for this account

Mnemonic: LNSCYC

This field indicates whether statements are sent out for the customer loan account.

This information is pulled from the Valuation/Billing tab of the Loans > Account Information > Additional Loan Fields screen.