Financial Calculator

Financial Calculator

Purpose

Calculate instalments for a loan without requiring the necessary detail to establish a Quote.

May be used to:
  1. Provide an indicative Quote
  2. Calculate a proposed refinance

Access

  1. Accounts | Financial Calculator
  2. Fixed Loan | Financial Calculator

Dialog Details

Details Specific Fields

FieldExplanation
Advance Amount
Enter the amount of the loan advance
Charge 1-4
Enter any changes

e.g. Document Fees, Variation Fees, PPSR Fees
Equity Introduced
Enter the equity introduced amount (deposit/trade in) as a whole number
Interest Rate
Enter the proposed account interest rate
Frequency
Select the frequency payments will be made
Recurring Charge
Enter the recurring charge amount
Calculate
Check on the row you wish to calculate
Count

Enter the number of instalments.

A schedule of eight instalments may be entered

Alternatively, a X may be entered, if the number of instalments is to be calculated based on an agreed payment amount
Repayment
Enter the repayment amount (if known), otherwise enter an X
Repayment incl Recurring Charges
Display only field

Details Specific Function Buttons

[Button]
Explanation
Click this to calculate the number / amount of instalments

Produces a basic print out that may be provided to the client or dealer



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