The principal and interest repayment terms on the FSA-2211 form are split into the following fields.
Principal Repayment Terms
The contents of the Terms & Comments WordPad default into this
WordPad. The contents of the Terms & Comments WordPad are displayed
on the form for informational purposes.
Interest Repayment Terms
If you want to separate the terms for the repayment of principal vs. the repayment of interest, you can do that manually on the credit action form.
You must enter information for both the Principal Repayment Terms and Interest Repayment Terms fields on the FSA-2211 form to populate the same fields on the FSA-2211 report.
If you manually enter information on the FSA-2211 form and later refresh the loan request data, the system clears the Terms & Comments, Principal Repayment Terms, and Interest Repayment Terms. You must then manually re-enter the appropriate information. After all available fields have been populated, you can print the formal FSA-2211 report.
The following image provides an example of the repayment terms fields.
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