In addition to the Maximum Borrowing Quick Tool, users can access accurate servicing calculators within home loan tools. These calculators are designed as a worksheet and do not affect data within the tools or client profile.
Maximum Borrowing Worksheet can be accessed on the Security, Funding Worksheet, Product Search and Product Comparison tabs for each scenario:
Deal data will flow to the Maximum Borrowing Worksheet. However any changes made in this worksheet will not flow back to the deal.
To access worksheet click on the 'Max Borrowing' button in one of these four tabs and the screen identical to the Maximum Borrowing Quick Tool will open in a new tab:
Use this worksheet in a same way as the Maximum Borrowing Quick Tool. While most of data is mapped from the deal data (i.e. client profile and home loan tools), several fields are prefilled: Loan term (30 years), Repayment type (Principal & Interest), Rate type (Variable) and Product type (Standard). Change these value to suit your scenario.
Save this scenario and access it from the deal, from the Quick Tools scenario list or via search functionality.
To go back to the deal click on the 'Go to Deal' button:
Maximum borrowing document created in this sheet can be downloaded or saved in the deal itself. Pre-filled lender calculators can be downloaded and saved in the deal.
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Note that a new deal cannot be created from the Maximum Borrowing Worksheet as it is already linked to the existing deal.