What is the Difference Between the "Amount" Options? Follow
Here you will learn about the different kind of settings you may come across to set up or edit Auto Pay.
Pay Full Amount
If your payment amount due changes each month and your management company offers the ability to view your balance, you may select the "Pay Full Amount" option, which will set your Auto Pay to pay each month's balance in full as provided directly by your property management.
Pay Fixed Amount
If your payment amount due stays the same each month, or your management company does not offer the "Pay Full Amount" option you may choose the "Pay Fixed Amount" option, and your Auto Pay will pull the same specific amount each month from your account.
It will continue this way until you change or cancel it.
Pay the Full Amount Up to a Maximum Amount of
This is similar to "Pay Full Amount" where, if your payment amount due changes each month and your management company offers the ability to view your balance, you may select the "Pay the Full Amount Up to a Maximum Amount of" option, which will set your Auto Pay to pay each month's balance in full as provided directly by your property management.
The difference here, however, is this option allows you to enter a maximum limit, which means you may enter a cap amount for each payment. However, it is not necessary to set a maximum payment limit.
Pay Recurring Charges and Scheduled Assessments Only
If your payment amount is exactly the same amount each month and your management company provides us that recurring amount, you may select the "Pay Recurring Charges and Scheduled Assessments Only" option, which will set your Auto Pay to pay that recurring amount as provided directly by your property management.
This will include recurring payments such as dues or storage and scheduled assessments. It will not include one time charges or fees (repair fees, late fees, one time assessments etc).
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