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Additional Key Mortgage Data Points

Easily track key dates within your clients' mortgages such as Fixed Term Lifetime, and Interest Only Periods

Leah Aboniawan avatar
Written by Leah Aboniawan
Updated today

Additional Key Mortgage Data Points

When it comes to managing mortgages, understanding key dates and timelines is crucial for both advisers and clients. This guide explains the critical mortgage data points, how they are tracked, and why they matter.

In this article you will learn:

  • Which key dates are being tracked?

  • How to use Trail to report on these dates to best service your clients?

Integration to the Mortgage Product Display

DATE DATA POINTS (Editable, shown in Further Details):

  1. Interest Only Start Date & Interest Only End Date

    • Tracks when a client switches to interest-only mortgage repayments.

    • Editable and displayed only if the repayment status is "Interest Only."

  2. Loan End Date & Loan Start Date

    • Marks the start and final repayment dates of the mortgage.

    • Important for clients and advisers to monitor the loan’s progress.

TIME DATA POINTS (Non-editable, shown in Overview):

  1. Remaining Interest Only Period

  2. Remaining Fixed Loan Term Period

  3. Remaining Total Loan Lifetime

    • These are automatically calculated based on the provided dates.

    • Displayed only if corresponding date data points are entered.

Improvements to Trail PDF's and Lender Calculators

Updates to Servicing Calculators

Trail will now be able to include the new dates and fixed/interest-only periods into Lender UMI Calculators where required 👍, assisting in automating the completion of these calculators.

Some of the PDFs in Trail will also be updated these include:

  • Mortgage Fact Find

  • Insurance Fact Find

  • Mortgage Application

  • Lending Summary

  • Statement of Position

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