6 Replies Latest reply: Jan 11, 2016 6:24 PM by Tyler Gregory RSS

    Nested If Statements

      Hello,

       

      I am looking to create a field based on two other fields using nested if statements. 

       

         

      LTV  Pct20 years of less20.01 years or more
      >95%613
      90.01-95%512
      85.01-90%410
      85% or less36

       

      The first field is LTV Pct and the second field is Loan Term Actual Mths (i.e. 20 years or less / 20.01 years or more).

       

      Based on these two fields using the table above, I want to assign values to a new field titled "Years".

       

      EXAMPLE:

       

      If [LTV Pct] >95% AND [Loan Term Actual Mths] >20.01, [Years] = 13.

       

      Please let me know if you have any questions.  Thank you in advance!

        • Re: Nested If Statements
          Sunny Talwar

          Not sure how the data is laid out but a nested if statement can work

           

          If([LTV Pct] <= 0.85,

                                        If([Loan Term Actual Mths] > 20.01, 6, 3),

          If([LTV Pct] <= 0.90,

                                        If([Loan Term Actual Mths] > 20.01, 10, 4),

          If([LTV Pct] <= 0.95,

                                        If([Loan Term Actual Mths] > 20.01, 12, 5),

          If([LTV Pct] > 0.95,

                                        If([Loan Term Actual Mths] > 20.01, 13, 6))))) as Years

            • Re: Nested If Statements

              Hi Sunny, thank you so much!

               

              I agree this logic would work, however, I am getting an error message that 'Loan Term Actual Mths' is not being recognized in the if statement lines. 

               

              Any ideas why?

                • Re: Nested If Statements
                  Sunny Talwar

                  I have assumed that you have a field named Loan Team Actual Mths in your database (or is getting created somewhere before the if statement. If the field isn't there, you will see an error message. Can you share your script?

                    • Re: Nested If Statements

                      I actually created a field [Loan Term Actual Years], which converts months to years.  Here is my script below:

                       

                           [LTV Pct],

                           [Base Loan Amt],

                           [Current Loan Amt],

                           [Loan Term Actual Mths],

                           [Loan Term Actual Mths]/12 as [Loan Term Actual Years],

                           If([LTV Pct] <= 0.85,If([Loan Term Actual Years] > 20.01, 6, 3),

                           If([LTV Pct] <= 0.90,If([Loan Term Actual Years] > 20.01, 10, 4),

                           If([LTV Pct] <= 0.95,If([Loan Term Actual Years] > 20.01, 12, 5),

                           If([LTV Pct] > 0.95,If([Loan Term Actual Years] > 20.01, 13, 6))))) as Years,

                        • Re: Nested If Statements
                          Sunny Talwar

                          Try this:

                           

                          LOAD *,

                               If([LTV Pct] <= 0.85,If([Loan Term Actual Years] > 20.01, 6, 3),

                               If([LTV Pct] <= 0.90,If([Loan Term Actual Years] > 20.01, 10, 4),

                               If([LTV Pct] <= 0.95,If([Loan Term Actual Years] > 20.01, 12, 5),

                               If([LTV Pct] > 0.95,If([Loan Term Actual Years] > 20.01, 13, 6))))) as Years;

                          LOAD [LTV Pct],

                               [Base Loan Amt],

                               [Current Loan Amt],

                               [Loan Term Actual Mths],

                               [Loan Term Actual Mths]/12 as [Loan Term Actual Years],

                           

                          The above set up is called 'Preceding Load'. The Field Loan Term Actual Years is not available in the preceding load and can now be referred to create Years.