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Does FINCALC offer a way to compute loan factors when the loan fees are deducted from the loan proceeds?

April 26, 2017compute deducted factors fees fincalc loan Offer proceeds

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Does FINCALC offer a way to compute loan factors when the loan fees are deducted from the loan proceeds?

1 Answer

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10 Posted

Currently, FINCALC considers loan fees and charges as being financed in the loan amount and adjusts the scheduled payment accordingly. You can always change the loan amount and subtract loan charges if you are looking for an alternate method.