LoanIntAmtUnearnedATD

Description
Loan Interest Amount Unearned Anniversary-To-Date

Type : Currency

Definition
The loan interest paid by the client this year but is UNEARNED by the company. Anniversary is defined by Loan>LoanTiming.For example, if loan interest due for the year is $120 (interest is $10/month). If the loan is paid in Advance (LoanIntTiming = Interest in Advance), in the third month the LoanIntAmtUnearnedATD is $90 and the earned amount is $30 (property name LoanIntAmtEarnedATD). If loan interest is paid in Arrears, LoanIntAmtUnearnedATD is not expected. If it is present, it is expected to be 0.00 because most of the loan interest is earned by the time it is paid. The earned interest is modeled in LoanIntAmtEarnedATD. The total amount paid (which includes both earned and unearned interest) is model in the property called LoanIntAmtPaidATD.

Parents
Loan