prepayment premium calculations
GoDocs has a new feature: you can select the prepayment premium to be calculated on the prepayment payment amount (Payment) or the balance of the loan prior to prepayment (Balance).
If you would like the prepayment default changed please let us know. We can allow: Choice with Payment default, Choice with Balance default, Payment only or Balance only. It will affect sections J.4 and J.5 of the promissory note. The difference in output will be in section J.4 and J.5 of the promissory note.