Payment Calculator |
  
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Navigation: CIM GOLD What's New > What's New in Version 7.9.12 >
Payment Calculator |
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Note: Changes and enhancements made to Payment Calculator are mostly institution-specific and may not make sense if you are not the institution that requested it. We advertise these changes here, so your institution will be aware of the changes we have implemented. The work order number, if provided, will help you know if the change you requested is now available. If ever you need adjustments to any of your loan types used in Payment Calculator, please contact your GOLDPoint Systems account manager.
Enhancement |
Description |
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New Washington Prepaid Fee Calculation
CMP: 12551 Work Order: 56833
CIM GOLD version 7.9.12 |
We have calculated a new prepaid fee for loan types used in Washington state. This prepaid fee is based on a tier-based calculation on the amount financed minus the prior loan payoff amount.
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New Tiered Prepaid Fee and Dynamic Insurance Formula
CMP: 14023
CIM GOLD version 7.9.12 |
Implemented new Prepaid Formula (#33) for support for a tiered prepaid based on Amount Financed.
Implemented Dynamic Insurance Formula numbers 57, 58, and 59 for various AL insurances:
57 = AL CLS/CLJ 58 = AL Personal Property 59 = AL A&H |
