Data Entry :

Name of Financial Institution
Loan Type ( a brief description )
Loan Amount
Loan Period
Property Value/ Security value / Land value
Payment Frequency
Compounding Frequency
Interest Rates
< Initial Rate (specify variable, fixed or capped) >
< Time for which Initial Rate applies >
< or Date at which initial period expires >
< Rate for the remainder of the Loan Period >
Loan Product Limits
< Maximum Loan to Value Ratio >
< Min and Max Loan Amount >
< Min and Max Loan Period >
Loan Comments (other loan features and limitations)
Availability for Construction, Land Only

Fees - Up Front
< Establishment Fee - flat >
< Establishment Fee - % of Loan Amount >
< Legal Fees > < Valuation Fees >
< Mortgage Insurance Fee>
< Other Fees >
Fees - Ongoing
Fee Payment Frequency
Early Exit Time (5 exit time ranges)
Early Exit Fees
< flat>
< days of interest = f (loan amount) >
< days of interest = f (balance) >

Loan Product Features
< redraw facility > < offset account >
< lump sum repays > < spit loan facility >
< line of credit > <All in one Account >
< 100 % offset > < Account Access Methods >

Specify : Full Term & Early Exit case, Purchase or Refinance case,
Principal & Interest or Interest Only or IO then P&I , Building Status,
Pay in Advance or Arrears
Calculation Mode - Payments, Loan Amount, or Loan Period (3 options for period)

Calculate : for Full Term & Early Exit case :-
Periodic Payments
- For Initial Period
- For Remainder of Loan Period
Comparison Rates
Total Payments
Total Interest
Total Fees
Loan Amortisation Table (& Chart)
Initial Costs - Government Charges and Mortgage Insurance

Fast Load : Property Value, Loan Amount, Loan Period, Payment Period, Exit Time loaded into
all data sheets and data sheets re-calculated with one button press.

Profile: Compare only those loans which meet your needs regarding type of interest rate
(variable/fixed/capped), length of the initial fixed/capped period.
Specify your client's needs regarding features ie. extra repays, offset account, redraw facility,
split loan facility, transaction account.

Compare: Comparison Rate Formula as specified in the Consumer Credit Code.
Comparison Table (loans listed in order of best comparison rate).
Comparison Rate Bar Chart.

Front Desk : combines all the commonly used options into a single screen.

Print : Loan data sheets, Loan Comparison Table, Loan Comparison Bar Chart, Loan Amortisation
table and chart, Initial Costs, Stamp Duty, Mortgage Insurance, Mortgage Profile.

Clipboard: Transfer data to your spreadsheet and word processor applications.

Utilities : Property Purchase Stamp Duty Calculator, Mortgage Insurance Calculator,
Initial Costs Calculator, Lump Sum Repay Calculator.

Database : File management. Loan Directory - new, insert, delete, export, search.

Data Service : Cannex and Horan Wall and Walker provide LCS compatible data files containing
comprehensive mortgage loan product data. There are approx. 1000 loans
in these databases.