a)

Client name

b)

Client mortgage reference

c)

Outstanding mortgage amount

d)

Period remaining in years

e)

Period remaining in months

f)

MIRAS calculation based on current amount or to be averaged over the mortgage.

g)

Mortgage type. This can be either Interest only or Repayment.

h)

Interest rate % applicable to mortgage.

i)

MIRAS rate % applicable to mortgage

j)

Amount of mortgage MIRAS is applicable to.

k)

Repayment formula. This can either be standard repayment formula or computer based formula.

l)

Monthly repayment amount. Note the  button calculates the repayment.

m)

Is the monthly repayment variable or a constant payment?

n)

Additional Fees for reports. The dialogue box beneath ‘Assurance’ is related to the assurance amount.

o)

Lump sum amount. Note the  button copies the monthly repayment figure into here.

p)

Start applying lump sum after ‘n’ years.

q)

One off or yearly lump sum payment.

r)

Show payment or interest breakdown in display and printouts.

s)

Illustration printing options. Options include conventional printout, accelerated printout and header printout.

Calculate and display results on screen

Calculate and print to printer

Create PDF file. When selecting this option you will be requested to enter a file name for the file. PDF files replicate printed output and FREE readers are available.

Save current data for client

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