Calculation of the EIR Value

The application first adjusts the outstanding amount with fees, specific to EIR, any premium or discount, and any cost. After this, the internal rate of return is computed using the adjusted outstanding amount and the Cash Flows.

To compute the As of Date EIR, you need the ending deferred balances which are computed in the EIR adjustment process. To enable this, after the execution of the EIR adjustment process, the end-of-period deferred balances, fees, premium or discount, and cost have to be updated back to the staging area or FSI_D tables. The As of Date EIR process needs to be executed after this.