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Residual calculations for Macquarie

Residual calculations for Macquarie


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The Finance Shop Release Notes

     

        

TFS 20075

Macquarie do their calculations slightly different to other lenders;

  • Their brokerage is calculated on the (COGs-Deposit)  excluding the financed fees.
  • The Balloon is shown as 30% of the total cost of goods.

There are two new fields on the calculations dialog screens.