ARM 2ND NEXT P/I CHANGE DATE

LNPIEF +
LNAMPC

Next P/I Change Date plus the P/I Change Frequency

ARM 2ND NEXT RATE CHANGE DATE

LNAMDT +
LNAMFQ

Next Rate Change Date plus the Rate Change Frequency

ARM ACCRUAL INDEX 1

Oldest index in rate table

ARM ACCRUAL RATE 1

Oldest accrual rate in table

ARM ACCRUAL RATE EFFECTIVE DATE 1

Oldest accrual rate effective date in table

ARM ACCRUAL INDEX 2

Index 2 in rate table

ARM ACCRUAL RATE 2

Accrual rate 2 in table

ARM ACCRUAL RATE EFFECTIVE DATE 2

Accrual rate 2 effective date in table

ARM ACCRUAL INDEX 3

Index 3 in rate table

ARM ACCRUAL RATE 3

Accrual rate 3 in table

ARM ACCRUAL RATE EFFECTIVE DATE 3

Accrual rate 3 effective date in table

ARM ACCRUAL INDEX 4

Index 4 in rate table

ARM ACCRUAL RATE 4

Accrual rate 4 in table

ARM ACCRUAL RATE EFFECTIVE DATE 4

Accrual rate 4 effective date in table

ARM ACCRUAL INDEX 5

Index 5 is in rate table

ARM ACCRUAL RATE 5

Accrual rate 5 in table

ARM ACCRUAL RATE EFFECTIVE DATE 5

Accrual rate 5 effective date in table

ARM ACCRUAL INDEX 6

Index 6 in rate table

ARM ACCRUAL RATE 6

Accrual rate 6 in table

ARM ACCRUAL RATE EFFECTIVE DATE 6

Accrual rate 6 effective date in table

ARM ACCRUAL INDEX 7

Index 7 in rate table

ARM ACCRUAL RATE 7

Accrual rate 7 in table

ARM ACCRUAL RATE EFFECTIVE DATE 7

Accrual rate 7 effective date in table

ARM ACCRUAL INDEX 8

Index 8 in rate table

ARM ACCRUAL RATE 8

Accrual rate 8 in table

ARM ACCRUAL RATE EFFECTIVE DATE 8

Accrual rate 8 effective date in table

ARM ACCRUAL INDEX 9

Index 9 in rate table

ARM ACCRUAL RATE 9

Accrual rate 9 in table

ARM ACCRUAL RATE EFFECTIVE DATE 9

Accrual rate 9 effective date in table

ARM ACCRUAL INDEX 10

Index 10 in rate table

ARM ACCRUAL RATE 10

Accrual rate 10 in table

ARM ACCRUAL RATE EFFECTIVE DATE 10

Accrual rate 10 effective date in table

ARM ACCRUAL INDEX 11

Index 11 in rate table

ARM ACCRUAL RATE 11

Accrual rate 11 in table

ARM ACCRUAL RATE EFFECTIVE DATE 11

Accrual rate 11 effective date in table

ARM ACCRUAL INDEX 12

Index 12 in rate table

ARM ACCRUAL RATE 12

Accrual rate 12 in table

ARM ACCRUAL RATE EFFECTIVE DATE 12

Accrual rate 12 effective date in table

ARM AMORTIZED P/I PAYMENT

LNAPIC or LNPINX

Amortized P/I field: The P/I payment required to fully amortize the loan. If this amount is zero, the amount in the Next P/I field (LNPINX) will be used.

ARM AMORTIZED PRINCIPAL BALANCE

AMTZ PRIN

The principal balance on which the new adjusted payment is based.

ARM BASE INDEX

LNBINX

Base index value used when calculating the new rate on the loan account when the Use this Base Index option is checked.

ARM BASE INDEX CHANGE

LWBIXC

Difference between the Original Base Rate and the newly calculated rate on the loan account with the Use this Base Index Rate option is checkmarked.

ARM DAYS BEFORE RATE CHANGE

LNAMAD

Days Before Rate Change field: Days before the next accrual rate change date to calculate a new rate.

ARM DIFF BETWEEN NXT CURRENT INDEX

NEW INDEX-
OLD INDEX

Difference between the next accrual index and current accrual index

ARM DIFF BETWEEN NXT ORIGINAL RATE

LNAMNA-
LNAMOA

Difference between the next accrual rate and the original rate

ARM GRADUATED PMT INCREASE PERCENT

LNAMGI

Repay Percent field: The percentage the P/I payment that will increase each P/I change frequency. This field is obsolete.

ARM INDEX PUBLISHING FREQUENCY

PMFREQ

Frequency the index is published (e.g., weekly, daily)

ARM INTEREST ACCRUAL RATE

LNAMRT

Current Rate field: The rate at which interest is accruing for this ARM loan.

ARM INTEREST ONLY P/I PAYMENT

LNIPIC

Interest Only P/I field: The P/I payment required to satisfy the calculated interest.

ARM INTEREST RATE POINTER

LNAMPT

Index Rate Pointer field: The accrual rate pointer that is tied to the rate index.

ARM LENGTH OF RATE CAP PERIOD

LNAMLP

Length of Rate Cap Period field

ARM NAME OF RATE INDEX

RTCL34

Name of the index, such as SOFR.

ARM NEW INDEX

LNAPIN

Last Index Rate field

ARM NEW INDEX WITH OFFSET

LNAPIN+
LNAMOF

Last Index Rate plus Interest Rate Margin

ARM NEW P/I PAYMENT

LNPINX

Next P/I field: Newly calculated P/I payment.

ARM NEW R1 PAYMENT

Effective Escrow Payment

Escrow payment effective with the new loan payment change.

ARM NEW R2 PAYMENT

Effective Reserve Payment

Reserve payment effective with the new loan payment.

ARM NEW SUBSIDY PAYMENT

Effective Subsidy Payment

The subsidy payment effective with the new loan payment.

ARM NEW TOTAL PAYMENT

NEW P/I+
NEW R1+
NEW R2-
NEW SUBSIDY

New P/I payment plus new Escrow payment plus new Reserve payment minus new Subsidy payment.

ARM NEXT INTEREST ACCRUAL RATE

LNAMNA

Next Rate field: Next accrual rate for this account.

ARM NEXT RATE CHANGE DATE

LNAMDT

Next Rate Change Date field

ARM OLD INDEX

TRLG

Old (prior) index

ARM OLD P/I PAYMENT

LNPICN

Current P/I payment in effect prior to the new payment change.

ARM OLD R1 PAYMENT

Effective Escrow Payment

Escrow payment in effect prior to the new loan payment change.

ARM OLD R2 PAYMENT

Effective Reserve Payment

Reserve payment in effect prior to the new loan payment change

ARM OLD SUBSIDY PAYMENT

Effective Subsidy

Subsidy payment in effect prior to the new loan payment change.

ARM OLD TOTAL PAYMENT

OLD P/I +
OLD R1 +
OLD R2 -
OLD SUBSIDY

Old P/I loan payment plus old Escrow payment plus old Reserve payment minus old Subsidy payment.

ARM ORIGINAL RATE

LNAMOA

Original Rate field

ARM P/I PAYMENT BASED ON INC LMT

LNPICN *
LNAMPL

Current P/I payment multiplied by the P/I Increase Limit

ARM P/I PAYMENT CHANGE COUNTER

LNAMCC

P/I Change Counter field: Number of times the system calculates the next P/I payment automatically.

ARM P/I PAYMENT CHANGE DATE

LNPIEF

Next P/I Change Date field: The date that the next P/I payment will replace the current P/I payment.

ARM P/I PAYMENT CHANGE FREQUENCY

LNAMPC

P/I Change Frequency field: Number of months that should occur between payment changes.

ARM P/I PAYMENT INCREASE LIMIT

LNAMPL

P/I Increase Limit field: The percentage the P/I payment can increase with a payment change.

ARM PAYMENT RATE

LNRATE

Payment Rate field

ARM RATE AT PERIOD START

LNAMSY

Rate at Period Start field: Interest rate at the start of the rate cap period.

ARM RATE CHANGE FREQUENCY

LNAMFQ

Rate Change Frequency field: Number of months that should occur between rate changes.

ARM RATE CHANGE MINIMUM

LNAMCM

Rate Change Minimum field: The minimum percentage by which the loan rate can be changed

ARM REMAINING TERM

LNMATD-
LNAMDT

Month’s difference between the maturity date and next accrual rate change date. For bi-weekly loans, take the term in months divided by 12 multiplied by 26 to get the number of payments. Subtract the installment from the number of payments to get remaining payments. Take remaining payments divided by 26 then multiply by 12 to get the remaining term in months.

ARM START OF ACCRUAL PERIOD

LNAMPD

Start of Accrual Period field: Starting date of the current rate cap period.

ARM SOURCE OF RATE INDEX

PMCL40

Publishing source of the index rate (e.g., Wall Street Journal)

DEFERRED INTEREST

LNDEFI

Deferred Interest field

PREPAYMENT PENALTY END DATE

Calculated field

End date of the prepayment penalty

YTD DEFERRED INTEREST

LNYTDD

Year-to-Date Deferred Interest Paid field

PROJECTED PMT PRINCIPAL PORTION

Calculated

Principal portion of the projected new payment.

PROJECTED PMT INTEREST PORTION

Calculated

Interest portion of the projected new payment.