Difference between revisions of "FM SFLP.Interest Only First Principal And Interest Payment Date"

From Open Risk Manual
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== Definition ==
 
== Definition ==
 
<b>Interest Only First Principal And Interest Payment Date</b>: For interest-only loans, the month and year that the first monthly scheduled fully amortizing principal and interest payment is due.
 
<b>Interest Only First Principal And Interest Payment Date</b>: For interest-only loans, the month and year that the first monthly scheduled fully amortizing principal and interest payment is due.

Revision as of 17:33, 17 January 2023

Definition

Interest Only First Principal And Interest Payment Date: For interest-only loans, the month and year that the first monthly scheduled fully amortizing principal and interest payment is due.

Notes

The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 38
  • Column Label: FIRST_PAY_IO
  • Data Type: DATE
  • Data Maximum Length: MMYYYY

Disclaimer

This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates