A **Term Loan** is a simple loan. It requires a *maturity date*, allows all *amortization types* (bullet, annual, semi-annual, etc) and
allows all *fee & income types*. A Risk Amount on a Term Loan is calculated as follows: *outstanding amount* plus percentage
of unused (50% for facility rating 1-4, 95% for 5-8). A Term Loan's commitment amount reduces with principal repayments.

The following assumes a simple Term Loan for a Customer with a risk rating of 2.

ActionFixture | ||

start | Raroc | |

check | customers | 0 |

press | new customer | |

enter | full name | xyz corp |

enter | short name | xyz |

enter | rating | 2 |

press | ok | |

check | customers | 1 |

press | new facility | |

enter | customer | xyz |

enter | facility rating | 1 |

enter | currency | USD |

enter | date of calculation | 09/03/02 |

enter | maturity date | 09/03/03 |

enter | commitment amount | 1000 |

enter | initial usage percentage | 100 |

enter | amortization type | bullet |

enter | base rate | LIBOR |

enter | spread | 10.0 |

press | calculate | |

check | risk amount | 1000 |

check | income | 1.0 |

check | duration | 0.98 |

check | capital | 6 |

check | RAROC | 13.4 |