Quick Payment tab
The quick payment section allows you to create a payment for the expected amount using the predefined principal/interest split.
Payment Amount - The payment amount for the loan selected is displayed. The balance after the payment is also displayed.
Select Payment Account – Available accounts to charge are listed for selection. The current balance and the New Balance after the payment are also displayed.
Payment Split – the normal payment split of principal and interest due for this payment.
In the Payment Split box, hovering over the ? now displays the following message:
"The information below displays the anticipated payment split if the payment is made today. The actual split will be calculated when the payment is processed. "
Custom Payment – if the normal payment is not what was intended, Custom Payment can be selected for another payment selection.