Mercury Nexus News logo

News

Keep up to date with all things Mercury Nexus!

Subscribe to Updates
  • English

Labels

  • All Posts
  • Announcement
  • did you know
  • release notes
  • new feature
  • Improvement
  • Fix
  • Roadmap
  • Action required
  • Lender update
  • Event

Jump to Month

  • May 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • October 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
Fix
3 years ago

Important Update to the Borrowing Capacity Calculations

Based on feedback we received from you, we have made changes to improve the accuracy of servicing estimates in the Borrowing Capacity Calculator. 

These changes effect the expense categories "Living Expenses", :"Education" and "Insurance" which have been consolidated into:

  • Basic/Standard Living Expenses
  • Additional Living Expenses

When you create a calculation from an opportunity, living expenses will be repopulated into the categories "Basic/Standard" and "Additional" Living Expenses.

See the Connective Wiki for more information on Living Expenses. 

Please note that existing calculations will not be effected by these changes, though you may consider recreating them to regenerate the living expense categories. 

Avatar of authorSarah Nattrass