ARM 2ND NEXT P/I CHANGE DATE

LNPIEF + LNAMPC

P/I effective date plus the P/I payment change frequency.

ARM 2ND NEXT RATE CHANGE DATE

LNAMDT + LNAMFQ

Next accrual rate change date plus the rate change frequency.

ARM AMORTIZED P/I PAYMENT

LNAPIC

The principal and interest payment required to fully amortize the loan.

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 Rate option is checkmarked.

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 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

The percentage the principal and interest payment will increase each P/I change frequency.

ARM INDEX PLUS OFFSET LESS ACCR RT

NEW INDEX + LNAMOF - LNAMRT

New index plus the accrual rate offset/margin minus accrual rate.

ARM INDEX PUBLISHING FREQUENCY

PMFREQ

Frequency the index is published.

ARM INTEREST ACCRUAL RATE

LNAMRT

The rate at which interest should accrue for payment method 7 loans.

ARM INTEREST ONLY P/I PAYMENT

LNIPIC

The P/I payment required to satisfy the calculated interest.

ARM INTEREST RATE POINTER

LNAMPT

The accrual rate pointer that is tied to the rate index.

ARM LENGTH OF RATE CAP PERIOD

LNAMLP

Length of rate cap period.

ARM MOST RECENT P/I CHANGE DATE

Newest P/I change date on the ARM Rates and P/I Tables tab on the ARM Information screen.

ARM MOST RECENT P/I PAYMENT

Newest P/I payment on the ARM Rates and P/I Tables tab on the ARM Information screen.

ARM NAME OF RATE INDEX

RTCL34

Name of the index, such as SOFR.

ARM NEW INDEX

LNAPIN

New index (Last Index Rate field).

ARM NEW INDEX WITH OFFSET

LNAPIN + LNAMOF

New index plus accrual rate offset/margin.

ARM NEW P/I PAYMENT

LNPINX

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 accrual rate for this account.

ARM NEXT RATE CHANGE DATE

LNAMDT

Date of the next rate change on the loan.

ARM OLD INDEX

TRLG

Old (prior) index.

ARM OLD P/I PAYMENT

LNPICN

Old 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 loan rate.

ARM P/I PAYMENT BASED ON INC LMT

LNPICN * LNAMPL

Old P/I payment multiplied by the P/I payment increase limit.

ARM P/I PAYMENT CHANGE COUNTER

LNAMCC

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

ARM P/I PAYMENT CHANGE DATE

LNPIEF

The date that the next P/I payment will replace the current P/I payment.

ARM P/I PAYMENT CHANGE FREQUENCY

LNAMPC

Number of months that should occur between payment changes.

ARM P/I PAYMENT INCREASE LIMIT

LNAMPL

The percentage the P/I payment can increase with a payment change.

ARM PAYMENT RATE

LNRATE

The payment rate.

ARM RATE AT PERIOD START

LNAMSY

Interest rate at the start of the rate cap period.

ARM RATE CHANGE FREQUENCY

LNAMFQ

Number of months that should occur between rate changes.

ARM RATE CHANGE MINIMUM

LNAMCM

The minimum percentage by which the loan rate can be changed.

ARM REMAINING TERM

LNMATD - LNAMDT

Months 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 the remaining payments. Take the remaining payments divided by 26, then multiply by 12 to get the remaining term in months.

ARM SOURCE OF RATE INDEX

PMCL60

Publishing source of the index rate.

DEFERRED INTEREST

LNDEFI

Deferred interest.

ARM START OF ACCRUAL PERIOD

LNAMPD

Starting date of the current rate cap period.

PREPAYMENT PENALTY END DATE

Calculated field

End date of the prepayment penalty.

PROJECTED PMT PRINCIPAL PORTION

Calculated

Principal portion of the projected new payment.

PROJECTED PMT INTEREST PORTION

Calculated

Interest portion of the projected new payment.

YTD DEFERRED INTEREST

LNYTDD

YTD deferred interest.