Tag Archives: Loan Management System

Plumbline Consulting Loan Management System – Pre-Loan Calculator Feature

Choose Module | Loan Management System | Utilities | Pre-Loan Calculator. Original Value Enter the Original Value of the loan. Less Deposit   Enter any Deposit amount. Financed Amount Displays the Financed Amount: Original Value entered minus Deposit amount. Terms To Maturity Enter the number of terms to loan maturity. Payment Terms Select the frequency […]

Loan Management System Credit Types

How do the Credit Types in LMS work? Actual Payment – A standard type loan where interest decreases over the term and principal increases correspondingly keeping all payments the same except for the last one. The amount of interest is calculated based on the actual payment date. Add On – With Payoff – The loan […]