Patent ID: 8924271

Claim:
A non-transitory computer-readable medium comprising computer-readable instructions for providing an online loan payoff quote, said computer-readable instructions comprising instructions that when executed by a processor of a computer, cause the processor to: receive a user-selected payoff date for paying off a loan associated with an interest rate, from a user computing device via a website; determine a loan payoff quote for the loan including a per diem amount based on the user-selected payoff date; provide the loan payoff quote and the per diem amount to the user computing device; receive a notification that the interest rate has changed; determine, in response to the interest rate changing, a revised loan payoff quote and a revised per diem amount; determine, based upon data comparison, if the revised loan payoff quote and the revised per diem amount is different than the loan payoff quote and the per diem amount provided to the user computing device; provide, in response to the revised loan payoff quote and the per diem amount being different than the loan payoff quote and the per diem amount, the revised loan payoff quote and the revised per diem amount to the user computing device or maintain the loan payoff quote and the per diem amount if the loan payoff quote and the per diem amount are not different than the revised loan payoff quote and the revised per diem amount; determine whether the user-selected payoff date has passed without the user paying off the loan; provide, in response to the user-selected payoff date having passed without the user paying off the loan, a reminder to the user stating that the loan payoff quote or the revised payoff quote has expired; and provide, in response to the user-selected payoff date having passed with the user paying off the loan, information that no amount is due.