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Coming soon
Check a loan payment schedule an AI made
Send the payment schedule an AI made. We check every period, from the first payment to the last.
Coming soon
What you send
- The file the AI made: a spreadsheet, a CSV, or a Word or text file.
- The loan documents or the note, if you have them.
What we check
- Each period’s interest is the opening balance times the rate.
- The principal is the payment less the interest.
- Each closing balance is the opening balance less the principal, and the next period opens with it.
- Every total adds up all its periods.
And on every file, every total is added up again and every formula is worked out again, and a figure the sheet shows that its formula doesn’t give is named.
What you get back
One Excel workbook:
- Findings. Every error, with where it is in your file, what your file says, what your documents say and what’s wrong.
- Your own sheets, marked. When your file is a spreadsheet, every wrong cell is marked, with a note on it. Your file itself is never changed.
- What couldn’t be checked. Anything that couldn’t be checked is listed, with the reason. Nothing is passed in silence.
Questions
Do you fix the mistakes?
We show you each one: where it is, what your file says and what your documents say, so you can put it right in minutes. Your file itself is never changed.
What if the file I send isn’t the kind I chose?
We ask you before we start: check the file you sent as it is, or wait for the one you meant.
Coming soon
Want to hear when it opens? Write to info@binadesk.com.