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Context engine glossary – setup terms


For more information on what each setup term means, see the setting up a loan article.

 

The context engine is a large database of retrievable variables, available for use throughout LoanPro software. These are the variables for setup terms:

Name Variable Description
Money Factor [[v('setup-money-factor')]] The money factor of a lease.
Residual [[v('setup-residual')]] The residual value of a lease.
Grace Period [[v('setup-grace-days')]] The selected grace period for an account.
First Payment Due Date [[companyFormatDateTime('setup-first-payment-date')]] The selected first scheduled payment date of an account.
Contract Date [[companyFormatDateTime('setup-contract-date')]] The contract date of an account.
Interest Rate Type [[v('setup-interest-rate-type')]] The interest rate type of an account (e.g. Annually, Monthly, Weekly, etc.)
Interest Rate [[v('setup-interest-rate')]] The interest rate of an account.
Custom Days In Period [[v('setup-days-in-period')]] The custom days in period setting of an account (Only applicable if the Frequency is set to custom.)
Frequency [[v('setup-payment-frequency')]] The selected payment frequency of an account.
Term [[v('setup-loan-term')]] The term of an account.
Underwriting Fee [[v('setup-underwriting')]] The underwriting fee on an account.
Discount [[v('setup-discount')]] The discount of an account.
Total Loan Amount [[v('setup-loan-amount')]] The total loan amount of an account.

 


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