1. Cash Flow Engine Reference Guide
  2. Cash Flow Dictionary
  3. Cash Flow Columns
  4. Amortization Term (AMRT_TERM)
  5. Data Verification Requirements and Suggested Defaults

8.2.11.3 Data Verification Requirements and Suggested Defaults

  • If the record is a balloon, AMRT_TERM > ORG_TERM.
  • If the record is not a balloon, AMRT_TERM = ORG_TERM.
  • AMRT_TERM should never be less than ORG_TERM.
  • Do not default AMRT_TERM or ORG_TERM to 0. Use 1.
  • The validation of AMRT_TERM should always be done in conjunction with AMRT_TERM_MULT.