Calyx Point 7 - Page 50

32 Calyx Software
User interface
Computes the amortization payment
schedule.
Calculates the monthly and total benefit of
owning a home rather than renting.
Amortization
Schedule
Rent vs. Own
Computes the new loan amount after the
debt consolidation.
Debt Consolidation
Worksheet
Opens the CC Scenario List dialog box
which is used to select the closing cost
scenario for the loan.
Loan Comparison
Erases the selected alternative program. Loan Comparison
Opens the Months to Compare dialog box
which is used to enter the number of months
to compare different loan alternatives.
Loan Comparison
Copies the maximum property value into the
PurchPrice field.
Prequalification
Moves prospect program information to
Alternative 1 or 2.
Loan Comparison
Opens the
Credit Scores dialog box which is
used to enter the credit scores for the
borrower and co-borrower from all three
credit reporting agencies.
Debt Consolidation
Worksheet
Displays the new ratio of income to debt after
a consolidation.
Debt Consolidation
Worksheet
Deletes a record from the
Debt
Consolidation Worksheet
.
Debt Consolidation
Worksheet
Opens the Liability dialog box which is used
to add and edit liabilities.
Debt Consolidation
Worksheet
Opens the
Good Faith Estimate.Rent vs. Own
Opens the Housing Exp & Other
Obligations
dialog box which is used to
enter proposed housing expenses and other
monthly obligations.
You can also access this dialog box from the
HE & Oblig button on the
Information,
Debt Consolidation Worksheet
and
Prequalification screens.
Rent vs. Own
Adds a new liability before the selected one in
the
Debt Consolidation Worksheet.
Debt Consolidation
Worksheet
Opens the Investment Information dialog
box which is used to enter the gross rent and
occupancy rate that will be used to offset
debt-to-income ratios for an investment.
Debt Consolidation
Worksheet
Opens the Loan Program List dialog box
which is used to select the loan program for
the loan.
Amortization
Schedule
Debt Consolidation
Worksheet
Loan Comparison
Prequalification
Truth-In-Lending
Button Description Screen