Payment Schedule Format

Payment Schedule Format
Below is the required format of a payment schedule, which the Lender will provide as their response to a Request for
Rate Quote (RFRQ). This payment schedule will be used for any financing plan and payment period based on the
State's requirements. Scheduled Provisions and Notes (example found below) must accompany the payment schedule
provided and be incorporated in the final financing contract. All payment schedules must be subtotaled by the State's
fiscal year (July 1st through June 30th).
On the payment schedule, the Lender must list their company's name and address, remit to address as well as their contact
information, and the date of the specific payment schedule and a revision date, if necessary.
PAYMENT SCHEDULE (Excluding Maintenance/Service Costs)
AMOUNT TO BE FINANCED:
TOTAL ASSET & SOFTWARE COSTS .................................. $ xx,xxx,xxx
OTHER COSTS (i.e., installation, freight)................................. $ xx,xxx,xxx
SALES TAX [If To Be Financed] .............................................. $ xx,xxx,xxx
Subtotal ....................................................................................$ xx,xxx,xxx
LESS SALVAGE AMOUNT.....................................................($ xx,xxx,xxx)
DOWN PAYMENT, If Applicable .............................................($ xx,xxx,xxx)
TOTAL AMOUNT FINANCED ................................................. $ xx,xxx,xxx
AMORTIZED INTEREST RATE USED: ________%
Payment
No.
Payment
Date
Payment
Amount Principal Interest
Unpaid
Principal
Balance
Total Amount Financed
$ XX,XXX,XXX
1
XX/XX/XX $ XX,XXX,XXX $ XX,XXX,XXX $ XX,XXX,XXX $ XX,XXX,XXX
2
XX/XX/XX $ XX,XXX,XXX $ XX,XXX,XXX $ XX,XXX,XXX $ XX,XXX,XXX
...
n
XX/XX/XX $ XX,XXX,XXX $ XX,XXX,XXX $ XX,XXX,XXX $ XX,XXX,XXX
Totals
$ XX,XXX,XXX $ XX,XXX,XXX $ XX,XXX,XXX
Schedule Provisions
Page 1/2
Free Download

Payment Schedule Format PDF

Favor this template? Just fancy it by voting!
  •  
  •  
  •  
  •  
  •  
(0 Votes)
0.0
Related Forms
  •  
  •  
  •  
  •  
  •  
1 Page(s) | 1492 Views | 14 Downloads
  •  
  •  
  •  
  •  
  •  
1 Page(s) | 854 Views | 17 Downloads
  •  
  •  
  •  
  •  
  •  
3 Page(s) | 1589 Views | 6 Downloads
  •  
  •  
  •  
  •  
  •  
1 Page(s) | 632 Views | 2 Downloads
  •  
  •  
  •  
  •  
  •  
1 Page(s) | 621 Views | 1 Downloads