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What's important about the What If Scenarios window

Use the What If Scenarios window to analyze and compare different loan alternatives. You can choose from the following scenarios:

What if I change my payment amount?

See how a new payment amount will affect the maturity date, total payments, total interest, and balloon payment (if applicable) of a loan.

What if I change my interest rate?

See how a new interest rate will affect the payment amount, total payments, total interest, and balloon payment (if applicable) of a loan.

How much will I pay with a new loan?

See what your payment amount, total payments, total interest, and balloon payment (if applicable) will be with a new loan.

What if I refinance my loan?

Determine the cost and/or benefits of refinancing an existing loan by viewing the changes in total payments, total interest, and balloon payment (if applicable).

Evaluate two new loans

Compare two loans, side-by-side. You can compare existing loans, new loans, or a combination of existing and new loans.

Note: If a zero balance loan is selected in the loan list, only two of the scenarios appear in the list: "How much will I pay with a new loan?" and "Evaluate two new loans".

The What If Scenarios window uses the loan information you entered in the Loan Manager, and displays it for analysis. The Loan Manager calculates the new amounts for you to view and print.

Important: The changes you make in the What If Scenarios window do not affect the Loan Manager information or your QuickBooks data. The information is for evaluation purposes only. The information is not saved when you move to a different scenario or when you close the window.

KB ID# H_LOAN_FIELD_LOAN_MANAGER_WHAT_IF_SCENARIOS
12/8/2016 11:41:28 PM
PPRDQSSWS407 9138 Pro 2017 914a68