The Loan Terms screen allows you to handle step-rate
loans, irregular payment schedules, or any type of complex repayment
that is called for in your loan documents. Regulation Z figures are
continuously updated any time a figure that affects the calculation
is changed. Also, the Section 32 APR and Points & Costs tests
are constantly tested as figures change.
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Also, at any time you can check to see if any
of the two Section 32 "conditions" have been triggered.
These conditions are automatically recalculated as you make changes
to the loan terms.
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