Lease Origination
Home / Solutions / CarletonCalcs® / CarletonCalcs® Modules / Payment Calculation APIs / Lease Origination API
A Precise and Compliant Lease Payment Calculation API
The CarletonCalcs® Lease Origination API is the payment calculation engine that computes precise and compliant consumer transactions configured to specific leasing programs. This API is integrated with many major Loan Origination System (LOS) and Dealer Management System (DMS) software providers, menu solutions, insurance companies, and direct lenders.
Leasing Features
- Simple Interest Computations: Allow 0% Interest, Residential Extensions, & Upfront Payments
- Cap Cost Reduction (CCR) Features: Upfront Costs, Processing Order, & Fees
- Sales Tax Criteria: Tax Structure, Tax Credit, ID Tax Credit, Sales Tax Methods, Total of Regular Payments, Mileage Charge, & More
- Credit Insurance Options: Life Insurance, Accident & Health (A&H/Disability), & General
- Payment Computation: Options: Minimum/Maximum Fee Support, Whole Portion Support, Rounding of Percentage Fees, Type, Tax, & Handing
Markets Served
|
|
|
|
|
|
|
