Early Payoff Amount

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Early Payoff Amount

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This screen is accessed by selecting g-showearlypayoffamount from a customer's Customer Activity window.


The Early Payoff Amount window is a printable break-down of how an early payoff is calculated on a Pre-Computed Interest deal. For a Simple Interest deal, the early payoff is equal to the Total Amount Due on the main account window.


For Precomputed Interest:



For Simple Interest:



Notice that for both interest types, the option to print a "ten day payoff" is as simple as checking a box. Clicking print will give you a payoff quote: