To calculate your commission, simply multiply your commission or override percentage by the field payout. (For example, use $4000 as the field payout. This is based off of a $200,000 loan amount.)
Personal Commission
50%
55%
60%
65%
70%
75%
80%
85%
90%
95%
100%
50%
55%
60%
65%
70%
75%
80%
85%
90%
95%
100%
Override
10%
10%
10%
14%
4%
4%
4%
4%
3%
3%
3%
10%
10%
10%
14%
4%
4%
4%
4%
3%
3%
3%
Example Values
Here is a table of commonly occuring values shown in Percent and Decimal form:
| Percent | Decimal |
|---|---|
| 1% | 0.01 |
| 5% | 0.05 |
| 10% | 0.1 |
| 12½% | 0.125 |
| 20% | 0.2 |
| 25% | 0.25 |