Early Payoff Amount
This screen is accessed by selecting 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: