FHA ACCOUNT NUMBER

LNFVNO

FHA account number

FHA PAYOFF AMOUNT

LNPBAL * CALC INT + LNLATE + LNFEES

principal balance + interest (principal * loan rate / 12 * # of months prepaid or delinquent) + late charges + total loan fees

FHA PAYOFF DATE

RUN DATE + 1 MON THEN MAKE END OF MONTH

Date the payoff is calculated to (end of the month following the month the letter was created)

FHA PO AMOUNT WITH PO FEE

LNPBAL * CALC INT + LNLATE + LNFEES + OPT FHAF

FHA PAYOFF AMOUNT plus payoff fee from inst options

FHA PO FEE

OPT FHAF

Payoff fee from the institution option

DEF Orig Int Bearing UPB  

LWORIB

This is the original interest-bearing unpaid principal balance. This is the principal balance after the principal adjustment has been processed.

DEF Orig Deferred UPB

LWORDB

This is the original deferred unpaid principal balance. This is the amount of the principal adjustment.

DEF Orig Total UPB

LWORIB + LWORDB

This is the sum of the original interest-bearing principal balance and the original deferred unpaid principal balance.

DEF Curr Int Bearing UPB  

LNPBAL

This is the current interest-bearing unpaid principal balance.

DEF Curr Deferred UPB  

LWDUPB

This is the current deferred unpaid principal balance. Generally, this amount would always be the same as the original deferred unpaid principal balance.

DEF Curr Total UPB  

LNPBAL + LWDUPB

This is the sum of the current interest-bearing principal balance and the current deferred unpaid principal balance. This is the total principal balance the customer owes before the loan can be paid off.

DEF Interest Deferral Amount  

LWDINT

This the interest adjustment amount entered using the Modification Transaction tab.

DEF Late Charge Deferral Amount

LWDLTC

This the late charge adjustment amount entered using the Modification Transaction tab.

DEF Escrow Deferral Amount  

LWDESC

This the escrow adjustment amount entered using the Modification Transaction tab.

DEF Misc Fee Deferral Amount  

LWDFEE

This the Misc. Fee adjustment amount entered using the Modification Transaction tab.