There are 2 possible discount types.
Initial Discount – this must be completed for all loans that have a set fixed or Interest Only period. For these loans you will also need to complete a subsequent discount.
Subsequent Discount – this is used for all loans, when you have a Variable rate Principal & Interest Loan you will only need to enter this discount type (note - discount will revert to this after any initial discount expires).
Note - you must always request a subsequent discount for any pricing request, an initial discount is only applicable for fixed or interest only loans.