LoanIntAmtPaidATD

Description
Loan Interest Amount Paid Since Last Anniversary

Type : Currency

Definition
Loan interest on most insurance policies is paid once a year. This property represents the interest amount PAID this year by the client. Anniversary is defined by Loan>LoanTiming.For example, if a policy is paid in Advance, LoanIntAmtPaidATD is equal to the LoanIntAmtDueATD when the interest payment is received from the client. If the loan is amortized, this is the total loan interest paid this year. If the loan is paid in Arrears, this value is equal to 0.00 most of the year since loan interest is paid at the end of the year.

Parents
Loan