|
| | | 
Supreme Being
Group: Forum Members
Last Login: 12/16/2008 1:31:52 PM
Posts: 124, Visits: 970 |
| | On balloon loans, how can I populate a Custom Form so that it will give me a disclosure that has the following information in it "you will have to pay the remaining principal balance of $____ plus accrued interest of $____" that is due upon maturity of the balloon terms? Thanks John
"MMM Yeah, I'm going to need you to go ahead and come in on Saturday." |
| |
| | | 
Supreme Being
Group: Moderators
Last Login: 12/21/2008 11:16:31 PM
Posts: 837, Visits: 1,901 |
| | JohnP: Point has one calculated field (field ID 528) for the final balloon payment that combines the remaining prinicpal balance and remaining interest on balloon loans. You could insert field ID 528 in your custom form. Maybe there is something I'm missing here, is it necessary to disclose it with the principal and interest separate?
Bryan
Point Product Manager |
| |
| | |
Supreme Being
Group: Forum Members
Last Login: 12/16/2008 1:31:52 PM
Posts: 124, Visits: 970 |
| Yes Bryan, I have a state specific disclosure that requires Final Balloon Principal and Interest to be shown seperately. Also, where in Point can I find field 528? I cannot locate it.
"MMM Yeah, I'm going to need you to go ahead and come in on Saturday." |
| |
| | |
Supreme Being
Group: Moderators
Last Login: 12/21/2008 11:16:31 PM
Posts: 837, Visits: 1,901 |
| | Field 528 is located on the Truth-in-Lending (Section 32) form. Click "Forms", and then "Truth-in-Lending (Section 32)". You should see a field called "At the end of your loan, you still owe us:" Sorry but unfortunately, there aren't separate fields for the final principal and interest. I will bring up this suggestion to the development team though. Thanks for your feedback.
Bryan
Point Product Manager |
| |
| | |
Supreme Being
Group: Forum Members
Last Login: 12/16/2008 1:31:52 PM
Posts: 124, Visits: 970 |
| Thanks for the info Bryan.
"MMM Yeah, I'm going to need you to go ahead and come in on Saturday." |
| |
| | | 
Supreme Being
Group: Forum Members
Last Login: 9/12/2008 11:24:50 AM
Posts: 289, Visits: 242 |
| | Depending on the version of Point, you may find that field 528 doesn't provide any useful information in custom forms. Since it is a calculated field, you have to click the "customize" box on the TIL screen to get it into the file. You can split the final payment up but you will need your custom form to do a little work. You will need to pass the terms to the form and write a VBA script that calculates and completes the form for you.
- Mike
mike@mtig.biz |
| |
|
|