1.1.2.6 Payment Schedules
Payment Schedules can be added for the application in the Enrichment Stage.
For information on the screen fields, refer to the field description table below.
Table 1-8 Payment Schedules - Field Description
Field | Description |
---|---|
Component Name | Payment schedule name that is being created |
Frequency | The time interval in which payment will be made |
Amount | The amount that will be paid in the mentioned schedule |
Start Date | The start date of the scheduled payment |
No Of Schedules | Number of schedules in which payment will be completed |
Principal Liquidation | The principal liquidation will be paid in Auto format or by some other format |
Parent topic: Loan Origination Enrichment