The P&I Payment Estimate on the Loan page is to give an idea, based on the current interest rate, what the P&I payment could be.
You can run your own calculation to check if the particular data entry (term/amortization/etc.) is entered correctly as a guide. All information included in the documents will populate on the Summary page. The P&I Payment Estimate is not on the Summary page:
In the docs, C.4 (IO period) of the Note, can estimate an initial payment amount based on the data entry.
In the docs, C.5 (P&I payment) of the Note, the dollar amount is not listed as we don't have the info (future index) to calculate the exact payment amount.
