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[Music] in this video well review the initial setup tab inside of an individual loan auto pal software offers several different configuration methods that can be used to alter our loans calculation the initial setup tab is used to record loan pertinent information that can be used on custom forms or simply for your records to access the initial setup tab simply navigate to the loan once inside the loan select the initial setup tab because the loan has not been activated all fields in the initial setup tab will be accessible for data entry the initial setup is broken into seven primary sections loan terms escrow calculator additional information advanced configuration late feed configuration loan tools and the Truth in Lending disclosure loan terms this section is dedicated to entering basic loan terms necessary for calculation such as total loan amount interest rate term contract date and first payment date they also include discount underwriting or refinance fee payment frequency and