Add New Schedule Line

This request allows you to add a Schedule Roll to a loan.

   Click here to learn more about this request

A schedule roll allows lenders to change payment schedules in separate payment periods. For example, a lender may want to offer 5% interest on the first three periods of a loan, but then 15% for the remainder of the loan:

• The loan will likely not be at the exact principal balance entered, but it will be close. This is due, in part, to the necessity of dealing with dollars and cents (2 decimal places) for final calculated numbers.

For an example of how schedule rolls work within the UI, take a look at our Create a Schedule Roll article.

Database

For information on schedule roll database tables, see the following articles:

• Database – Loan Schedule Roll Entity (loan_schedule_roll_entity)
• Database – Schedule Roll Template (schedule_roll_template_entity)

Sample Payload

{
    "ScheduleRolls": {
        "results": [
            {
                "term": 3,
                "rate": "5",
                "solveUsing": "loan.rollScheduleSolve.dollar",
                "amount": "150.00",
                "percent": 0,
                "advancedTerms": 0,
                "solveFor": "loan.rollScheduleSolveFor.payment",
                "balance": 0,
                "forceBalloon": 0
            }
        ]
    }
}