Navigation: Appendix A - Merge Field Descriptions (Loans) >
This event record is not generated automatically. It must be requested; however, if no payoff record exists the letter will not be created. This letter can also be requested by using the Letter Date and Letter Number fields on the Loans > Payoff screen. Only event letter number 14 can be requested from that screen.
Merge Field |
Field Mnemonic/ Calculation |
Description |
---|---|---|
PO ACCRUED INTEREST |
POACIN |
Accrued interest applied to payoff |
PO AMOUNT |
POPOFF |
Payoff amount – includes all amounts applied to payoff. Refer to the TOTAL WITH FUTURE LATE CHARGE field below for more information regarding the PO AMOUNT. |
PO CUSTOMER MESSAGE LINE 1 |
POMES1 |
First customer message line from payoff record |
PO CUSTOMER MESSAGE LINE 2 |
POMES2 |
Second customer message line from payoff record |
PO CUSTOMER MESSAGE LINE 3 |
POMES3 |
Third customer message line from payoff record |
PO DATE |
PODATE |
Payoff date |
PO EXPIRATION DATE |
POEXPD |
Date the payoff expires |
PO FEES |
POFEES |
Loan fees applied to payoff |
PO INTEREST CALCULATION CODE |
POIBAS |
Interest calculation method from the payoff record |
PO INTEREST ON NEGATIVE RESERVES |
POINRI |
Interest on negative reserves applied to payoff |
PO LATE CHARGES |
POLATE |
Late charges applied to payoff |
PO LIP ACCRUED INTEREST |
POLACC |
LIP accrued interest applied to payoff |
PO LIP CUSTOMER BALANCE |
POCBAL |
LIP customer balance applied to payoff |
PO LIP UNDISBURSED BALANCE |
POLBAL |
LIP undisbursed balance applied to payoff |
PO MISC ADJUSTMENT AMT 1 |
POAMT1 |
Payoff miscellaneous adjustment amount 1 |
PO MISC ADJUSTMENT AMT 2 |
POAMT2 |
Payoff miscellaneous adjustment amount 2 |
PO MISC ADJUSTMENT AMT 3 |
POAMT3 |
Payoff miscellaneous adjustment amount 3 |
PO MISC ADJUSTMENT AMT 4 |
POAMT4 |
Payoff miscellaneous adjustment amount 4 |
PO MISC ADJUSTMENT AMT 5 |
POAMT5 |
Payoff miscellaneous adjustment amount 5 |
PO MISC ADJUSTMENT AMT 6 |
POAMT6 |
Payoff miscellaneous adjustment amount 6 |
PO MISC ADJUSTMENT AMT 7 |
POAMT7 |
Payoff miscellaneous adjustment amount 7 |
PO MISC ADJUSTMENT AMT 8 |
POAMT8 |
Payoff miscellaneous adjustment amount 8 |
PO MISC ADJUSTMENT AMT 9 |
POAMT9 |
Payoff miscellaneous adjustment amount 9 |
PO MISC ADJUSTMENT AMT 10 |
POAMT10 |
Payoff miscellaneous adjustment amount 10 |
PO MISC ADJUSTMENT AMT 11 |
POAMT11 |
Payoff miscellaneous adjustment amount 11 |
PO MISC ADJUSTMENT AMT 12 |
POAMT12 |
Payoff miscellaneous adjustment amount 12 |
PO MISC DESCRIPTION 1 |
POFLD1 |
Payoff miscellaneous description 1 |
PO MISC DESCRIPTION 2 |
POFLD2 |
Payoff miscellaneous description 2 |
PO MISC DESCRIPTION 3 |
POFLD3 |
Payoff miscellaneous description 3 |
PO MISC DESCRIPTION 4 |
POFLD4 |
Payoff miscellaneous description 4 |
PO MISC DESCRIPTION 5 |
POFLD5 |
Payoff miscellaneous description 5 |
PO MISC DESCRIPTION 6 |
POFLD6 |
Payoff miscellaneous description 6 |
PO MISC DESCRIPTION 7 |
POFLD7 |
Payoff miscellaneous description 7 |
PO MISC DESCRIPTION 8 |
POFLD8 |
Payoff miscellaneous description 8 |
PO MISC DESCRIPTION 9 |
POFLD9 |
Payoff miscellaneous description 9 |
PO MISC DESCRIPTION 10 |
POFLD10 |
Payoff miscellaneous description 10 |
PO MISC DESCRIPTION 11 |
POFLD11 |
Payoff miscellaneous description 11 |
PO MISC DESCRIPTION 12 |
POFLD12 |
Payoff miscellaneous description 12 |
PO MISCELLANEOUS FUNDS |
POMISC |
Miscellaneous funds applied to payoff |
PO NAME LINE 1 |
PONLN1 |
Name line 1 from the payoff record |
PO NAME LINE 2 |
PONLN2 |
Name line 2 from the payoff record |
PO NAME LINE 3 |
PONLN3 |
Name line 3 from the payoff record |
PO NAME LINE 4 |
PONLN4 |
Name line 4 from the payoff record |
PO PARTIAL PAYMENTS |
POPRTL |
Partial payments applied to payoff |
PO PER DIEM |
PODIEM |
One day’s accrued interest of the principal balance plus deferred interest |
PO PER DIEM CALCULATION CODE |
POPDBS |
Interest method used to figure payoff per diem |
PO PRINCIPAL BALANCE |
POPBAL + PODEFI |
Principal plus deferred interest applied to payoff |
PO RATE |
PORATE |
Payoff rate |
PO RSV 1 AND RSV 2 BALANCES |
POR1BL + POR2BL |
Reserve 1 and 2 balances subtracted from payoff |
PO RSV 1 AND RSV 2 INTEREST |
POR1AI + POR2AI |
Reserve 1 and 2 interest subtracted from payoff |
PO SUBSIDY BALANCE |
POSBAL |
Subsidy balance subtracted from payoff when applied |
FUTURE LATE CHARGE |
Calculated late charge |
The late charge is calculated in the GOLD EventLetters program. It is not included in the PO AMOUNT. You should use the TOTAL WITH FUTURE LATE CHARGE (see below) to disclose the payoff, including the future late charge.
Note: To include future late charges in the payoff quote, institution option OP06 AFLC must be set. |
TOTAL WITH FUTURE LATE CHARGE |
POPOFF plus calculated late charge |
This is the PO AMOUNT plus the future late charge. Refer to the PO AMOUNT field above for more information regarding this field.
Note: To include future late charges in the payoff quote, institution option OP06 AFLC must be set. |
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