Payment Frequency

Entry: System, alphanumeric

F/M: No

Mnemonic: LNFREQ

Screen: Multiple

Field Group: Common Loan Information

This field displays how often a payment is due on this loan. The following frequencies are available:

Monthly Payment

Bi-monthly Payments (every 2 months)

Quarterly Payment

Payment Every 4 Months

Semi-annual Payment (every 6 months)

Annual Payment

Bi-weekly (every two weeks)