Simulate Quick Quotations

Updated April 07, 2021 08:40.

Quick quotations in Fairways Debt enable you to simulate your loan requests.

Prerequisite

Contact your Finance Active consultant to:

Navigate to the Quick Quotation Module

Log in to your Fairways Debt account, e.g. https://login.financeactive.com/eu, and select a customer account, if relevant.
Navigate to Applications > Debt & Derivatives > Portfolio.
Click Quick Quotation.

In this example, we log in to the Main City account.

Simulate Quick Quotations

Note: Fields marked with an asterisk * are mandatory.

Field	Description	Options
Amount	Amount to quote and its currency.	EUR
Start Date	Unadjusted start date of the transaction.
Duration	Duration of the transaction.	Years Months
Payment Frequency	Frequency of the interest payments.	Monthly Quarterly Biannually Annually
Amortization Type	Amortization mode. Note: Extra fields may display beside depending on the selected mode.	Bullet Straight Line Custom
Amortization Frequency	Frequency of the amortization payments. Notes: This field only displays for the straight line and custom amortization modes. The amortization frequency must be greater than or equal to the payment frequency.	Monthly Quarterly Biannually Annually
Rate Type	Type of the index used to calculate the rate value. Note: Extra fields may display beside depending on the selection.	Fixed Floating Adjustable
Margin (%)	Spread or margin value in percentage.
Floating Rate	Notes: This field only displays for the floating rate type. This field automatically updates depending on the selected amount currency and the payment frequency. Index used to calculate the interest and amortization.
Adjustable Period	Note: This field only displays for the adjustable rate type. Frequency of the interest rate adjustments.	2Y 3Y 5Y 10Y

Click Add Quotation to simultaneously simulate multiple quotations at a time, if relevant.

Note: You can simulate up to 10 quotations at a time.

The quotation results display.

#	Description	Options
A	Update the current data for a new simulation.
B	Sort the results.	Offered Rate Ascending Offered Rate Descending Offered Spread Ascending Offered Spread Descending Interest Amount Ascending Interest Amount Descending
C	Enlarge a quotation for more detailed results.
D	Note: This field only displays for quotations with adjustable rate types. Display the rates of each period. The period count is rounded up to the upper unit: Duration / Adjustable Period In this example, the first quotation include 4 periods: = Duration / Adjustable Period = 10 / 3 = 3,33 => 4

#	Description
E	Hover over data to display its accurate details.
F	Export the table to Excel.

Custom Amortization