Purlend Data Dictionary

domain-term proposed

Assumed Term

Marks that payment math fell back to a fresh 30-year amortization because the remaining term isn't known. The assumption is disclosed on every figure resting on it — a silent assumption is the bug; a visible, correctable one is fine (D6).

AudienceName
Engineering (code)termAssumed
Design (UI label)
Borrower-facing
Do not use

Sources

Related

Remaining Loan Term, Assumption Chip

Referenced by

Assumed Line Rate, Assumption Chip, Current Monthly Payment, NPER, Remaining Loan Term

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