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