Simulate Quick Quotations

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

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

Portfolio_EN.png

 

Simulate Quick Quotations
  1. Complete the form with all relevant details.

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.

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

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

  1. Click Apply.

QuickQuotation_Simulate_EN.png

The quotation results display.

QuickQuotation_Simulated_EN.png

QuickQuotation_EN.png

#

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

 

QuickQuotation_Enlarged_EN.png

#

Description

E

Hover over data to display its accurate details.

F

Export the table to Excel.

 

Custom Amortization
  1. Click Edit.

Custom_EN.png

  1. Double-click the relevant payback amount fields and enter their amounts.
  2. Click Save.

Custom_Edit_EN.png

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