Term options with unique values can be configured, for comparison and presentation.
Term B is optional. Selecting the view icon (eye icon) hides or reveals Term B.
For a Cash transaction (no financing), set the Term to ‘1’.
Selecting a Lender applies any default Lender parameters such as acquisition fee, APR calculation, and upfront values. Defaults for Lender parameters are configured in Settings using the top left application menu.
Payment methods such as Bi-weekly or Annual Payment are selected using the Calculation drop-down.
When choosing transaction Type of Lease, additional options are available to address specific lease parameters such as acquisition fee, number of advance payments, and upfront values.