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Posted to dev@fineract.apache.org by "Santosh Math (JIRA)" <ji...@apache.org> on 2016/12/23 11:22:58 UTC
[jira] [Created] (FINERACT-338) Equal Installments on Loan (with
regulatory charges) not showed as expected
Santosh Math created FINERACT-338:
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Summary: Equal Installments on Loan (with regulatory charges) not showed as expected
Key: FINERACT-338
URL: https://issues.apache.org/jira/browse/FINERACT-338
Project: Apache Fineract
Issue Type: Bug
Components: Loan
Reporter: Santosh Math
Assignee: Markus Geiss
Priority: Minor
Attachments: loan.jpg
Reported by luis t at https://mifosforge.jira.com/browse/MIFOSX-1834
Original Description:
Loan: 20,001
Number of repayments: 12
Nominal Interest: 78%
Loan term: 24 weeks
Repaid every: 2 weeks
Interest Method: declining Balance
Amortization: equal installment<-----
Interest calculation: Daily
Recalculate interest: yes -> over fee & interest
Result in installments is variable instead of equals.
I created a product named LX.
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