Amortization Schedules; Creating An Amortization Schedule For A Fixed Rate Loan - Calyx Point 7 User Manual

tool tip that contains the entire entry. You can also double-click the entry to open and view
it in a separate window.
If you are processing files in a secure environment but do not have access to a secured
area, you can only add new entries or view them. You cannot delete or clear all the entries.
In a secure environment, the current user's name and ID are prepopulated in the
field.
By

Amortization schedules

The amortization schedule tool produces a projected payment schedule for a loan
program that you enter.
Use the amortization schedule tool to show your prospects and borrowers the proposed
monthly payments for any given loan program, for example:
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Complete the screen by completing those fields not already populated from other screens.
Use loan program templates to run amortization schedules for prospects under various
loan programs. After you have created the templates, start each amortization schedule by
selecting a preset loan program. If you prefer to enter the data field-by-field, enter in the
data as you normally would.

Creating an amortization schedule for a fixed rate loan

To create an amortization schedule for a fixed rate loan:
Open a prospect or borrower file.
1
Select Marketing > Amortization Schedule.
2
If you have created a loan program template, click Loan Prog to select one.
3
Point User Guide
Only users who have full non-secure access are able to perform all of the
functions in the conversation log.
Fixed rate
ARM
Bi-weekly
GPM
Negative amortization
Construction
For more information about creating loan program templates, see
program templates, on page 353.
Attention
Related information
Amortization schedules
Entered
Loan
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