element INTEREST_RATE_PERIODIC_ADJUSTMENT_RULE

element {}INTEREST_RATE_PERIODIC_ADJUSTMENT_RULE

Abstractfalse (This can be used in an instance)
Nillablefalse (Instance values cannot use xsi:nil)
Declared Namespacesxmlns:xsd=http://www.w3.org/2001/XMLSchema


Source

<xsd:element name="INTEREST_RATE_PERIODIC_ADJUSTMENT_RULE">
    <
xsd:annotation>
        <
xsd:documentation xml:lang="en">Information specific to the calculation of the interest rate on a loan over a set period of time. The period of time may wrap around one or more set(s) of 'per change' rules. Information includes the base rate to be used for the specified period, associated change limits and the factors needed to select a new base rate as appropriate. More than one set of periodic parameters may be present on a single loan at the same time.</xsd:documentation>
    </
xsd:annotation>
    <
xsd:complexType>
        <
xsd:attribute name="ID" type="xsd:ID" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">Provides a unique Identifier for this container and a means by which to reference this container from within this data set</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
        <
xsd:attribute name="D3534" type="xsd:string" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">The base rate used to determine the periodic interest rate caps. All calculated interest rates are compared to this base rate to determine whether a limit has been reached for the interim period.</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
        <
xsd:attribute name="D3535" type="xsd:string" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">The payment due date when the periodic adjustment parameters begin.</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
        <
xsd:attribute name="D3536" type="xsd:string" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">The maximum number of percentage points by which the interest rate can decrease from the Periodic Base Rate until the next base rate selection date.</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
        <
xsd:attribute name="D3537" type="xsd:string" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">The maximum number of percentage points by which the interest rate can increase from the Periodic Base Rate until the next base rate selection date.</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
        <
xsd:attribute name="D3538" type="xsd:string" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">The date on which a new base rate is to be determined for future periodic interest rate calculations.</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
        <
xsd:attribute name="D3539" type="xsd:string" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">The number of payments between interest rate changes for which the periodic cap is in effect. At the end of the period a new base rate is established.</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
    </
xsd:complexType>
</
xsd:element>


Documentation

Information specific to the calculation of the interest rate on a loan over a set period of time.   The period of time may wrap around one or more set(s) of 'per change'  rules.  Information includes the base rate to be used for the specified period, associated change limits and the factors needed to select a new base rate as appropriate.  More than one set of periodic parameters may be present on a single loan at the same time.


element INTEREST_RATE_PERIODIC_ADJUSTMENT_RULE


Stylus Studio XML Schema Library Home
Site Map | Privacy Policy | Terms of Use | Trademarks
Stylus Scoop XML Newsletter:
W3C Member
Stylus Studio®, a product from DataDirect Technologies, is a registered trademark of Progress Software Corporation, in the U.S. and other countries. © 2004-2006 All Rights Reserved.