Fairways Debt offers you pricing tools, e.g. rate converters. The converter answers questions such as what the changes are if an annual rate becomes quarterly, if an act/360 rate is similar to an act/act rate, etc.
Log In to Fairways Debt
- Log in to Fairways Debt.
- Load the relevant customer account.
Convert a Rate to Different Bases
- Navigate to Pricing > Calculation Tools.
- In Converters and Indicators, click Interest rate converter with rate base impact.
- Complete the form with all relevant details.
|
Field |
Description |
|---|---|
|
Rate |
Rate of the loan. |
|
Fixed Rate Frequency |
Amortization frequency. |
|
Base Rate |
Basis for calculating interest. |
- Click Validation to convert the rate.
The conversion equivalences display.
