Hypertext: Object Class - Class to which a document belongs.
Document Name
REFXV_TIVXCAJCH01MGR
Use
A change in the mortgage rate can have an influence on the amount of rent. The amount of the pass on rates is based on the level of the mortgage rate and on changes to it. The pass on rates increase incrementally by different amounts based on these figures. A critical factor in these calculations is that when the mortgage rate is lowered, rent is reduced by the amount that it was increased the last time the mortgage rate was increased. In this IMG activity, therefore, you enter only values for mortgage rate increases. The system calculates the pass on rates for reductions automatically.
Requirements
Standard settings
Activities
Enter the interest rates and pass on rates here that are used when the mortgage rate changes by one-fourth of a percent (.0025):
Mortgage rate level - lower level
Mortgage rate - upper level
Resulting pass on rate: This value is the adjustment percentage rate that is used during the adjustment run for a mortgage rate increase.