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Making an Interest Only Payment in Loan Manager

How do I make interest only payment in Loan Manager?

Solution Description
Loan Manager does not make interest only payment automatically. It would have to be done manually.
  1. Create the loan in Loan Manager
  2. Click Set up Payment
  3. Zero out the principal amount and adjust the interest amount
  4. Click OK

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KB ID# HOW13388
4/27/2017 2:03:39 AM
QYPPRDQBKSWS07 9138 Pro 2017 567ea5