The following list gives an indication of which columns of the adjustment screen are required. For the Loan column, Optional indicates that either All (Default), Loan A or Loan B may be selected.

 

 

From/On

Amount

To

Loan / Part

 

 

 

 

 

Lumpsum

Yes

Yes

No

Optional

Override

Yes

Yes

No

Optional

Override (use payment)

Yes

Yes

No

Optional

Missed payment

Yes

No

Optional

Optional

Fee

Yes

Yes

No

No

Monthly premium

Yes

Yes

Yes

No

Discount rate

Yes

Yes

Yes

Optional

Fixed rate

Yes

Yes

Yes

Optional

Capped rate

Yes

Yes

Yes

Optional

Surrender value

Yes

Yes

No

No

Forced recalculation

Yes

No

No

No

Accrued fee

Yes

Yes

No

Optional

Accrued fee (use payment)

Yes

Yes

No

Optional

Monthly payment

Yes

Yes

Yes

Optional

MIRAS rate

Yes

Yes

Yes

Optional

MIRAS amount

Yes

Yes

Yes

Optional

Increase rate

Yes

Yes

Yes

Optional

Collar rate

Yes

Yes

Yes

Optional

Set IBB

Yes

Yes

No

Optional

Set IBB Start Date

Yes

No

Yes

Optional

Adjust IBB balance

Yes

Yes

No

Optional

Interest balance

Yes

Yes

Yes

Optional

Payment balance

Yes

Yes

Yes

Optional

Adjust payment balance

Yes

Yes

Yes

Optional

Working balance

Yes

Yes

Yes

Optional

Payment rate

Yes

Yes

Yes

Optional

Set loan A balance

Yes

Yes

No

No

Payment rate difference

Yes

Yes

Yes

Optional

Change calculation type

Yes

No

No

Optional

Set Mortgage payment

Yes

Yes

Yes

Optional

No payment

Yes

No

Yes

Optional

Set payment day

Yes

Yes

No

No

Payment amount %

Yes

Yes

Yes

Optional

Set variable loan A

Yes

Yes

No

No

Set arrears balance

Yes

Yes

No

Optional

Annual accrued fee

Yes

Yes

Yes

Optional

Annual premium

Yes

Yes

Yes

No

Recalc current rate

Yes

No

Yes

No

Payment MIRAS int (Diff %)

Yes

Yes

Yes

Optional

Redress adj before int

Yes

Yes

No

No

Redress adj after int

Yes

Yes

No

No

Set Clawback

Yes

Yes

No

No

Instant Override

Yes

No

Yes

Optional

Set Term

Yes

Yes

No

Optional

Premium Claim

Yes

Yes

No

No

No Premiums

Yes

 

Yes

 

Yes

 

No

 

Monthly Income

Yes

Yes

Yes

No

Quarterly Income

Yes

Yes

Yes

No

Annual Income

Yes

Yes

Yes

No

Single Premium PPI

Yes

Yes

No

Optional

Regular PPI Premium

Yes

Yes

Yes

No

Annual admin fee %

Yes

Yes

Yes

No

Force capital redress

Yes

No

Yes

Optional

Force balance redress

Yes

No

Yes

Optional

Min payment amount

Yes

Yes

Yes

Optional

Min payment balance %

Yes

Yes

Yes

Optional

No calculation

Yes

No

No

 

Tax %

Yes

Yes

Yes

Optional

Set adj portion %

Yes

Yes

Yes

Yes

4 weekly premium

Yes

Yes

Yes

No

4 weekly income

Yes

Yes

Yes

No

Set system payment

Yes

Yes

Yes

Optional

4 weekly admin fee

Yes

Yes

Yes

Optional

4 weekly pension income

Yes

Yes

Yes

Optional

Unit change

Yes

Yes

No

Optional

Monthly accrued admin fee %

Yes

Yes

Yes

Optional

Investment

Yes

Yes

No

Optional

Monthly investment

Yes

Yes

Yes

Optional

Quarterly investment

Yes

Yes

Yes

Optional

Annual investment

Yes

Yes

Yes

Optional

Withdrawal

Yes

Yes

No

Optional

Monthly withdrawal

Yes

Yes

Yes

Optional

Quarterly withdrawal

Yes

Yes

Yes

Optional

Annual withdrawal

Yes

Yes

Yes

Optional

Admin fee

Yes

Yes

No

Optional

Monthly admin fee

Yes

Yes

Yes

Optional

Quarterly admin fee

Yes

Yes

Yes

Optional

Annual admin fee

Yes

Yes

Yes

Optional

Annual admin fee %

Yes

Yes

Yes

Optional

Allow zero balance

Yes

No

Yes

Optional

Allow negative balance

Yes

No

Yes

Optional

Disallow negative interest

Yes

No

Yes

Optional

No recalc

Yes

No

Yes

Optional

Merge split IBB

Yes

No

Yes

Optional

Set balance

Yes

Yes

No

Optional

Adjust balance

Yes

Yes

No

Optional

Use current term

Yes

Yes

Yes

Optional

Payment received

Yes

Yes

Yes

Optional

Insurance premium

Yes

Yes

No

Optional

Interest

Yes

Yes

Yes

Optional

Purchase

Yes

Yes

No

Optional

Refund

Yes

Yes

Yes

Optional

Late payment fee

Yes

Yes

No

Optional

Overlimit fee

Yes

Yes

No

Optional

Cash advance fee

Yes

Yes

No

Optional

GMP date (To)

Yes

No

Yes

Optional

GMP retirement age

Yes

Yes

No

Optional

 

Remember that if items are missing the adjustment won’t work correctly. For the ‘Loan’ column, any adjustment capable of using this does have it as an option (can be ‘All’, ‘Loan A’ or ‘Loan B’).

 

Note: Premiums / fees are applicable to payments only. The accrued fee, annual accrued fee and monthly payments are different in that they affect the underlying mortgage / interest bearing balance and their descriptions are preceded by an ‘*’ on printouts.


Related Topics

Adjustments