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Posted to issues@fineract.apache.org by "Jose Alberto Hernandez (Jira)" <ji...@apache.org> on 2025/10/22 01:11:00 UTC

[jira] [Created] (FINERACT-2398) Re-amortization for Interest bearing products

Jose Alberto Hernandez created FINERACT-2398:
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             Summary: Re-amortization for Interest bearing products
                 Key: FINERACT-2398
                 URL: https://issues.apache.org/jira/browse/FINERACT-2398
             Project: Apache Fineract
          Issue Type: New Feature
    Affects Versions: 1.12.1
            Reporter: Jose Alberto Hernandez
            Assignee: Adam Saghy
             Fix For: 1.14.0


h3. Re-Aging Requirement Details
 # Allow re-aging from any date of loan cycle.

 # Re-aging date should not be before the last repayment date.

 # Charge-back interest and Principal amount of previous will be split accordingly.

 # Can be applied on charge-off loan account as well.

 # N+1 Installment amount will be adjusted as part of reverse replay.

 # Backdated repayment or reversal are allowed- re-aging will be reversed and replayed accordingly.

 # Re-aging can be reversed - until it is the latest transaction on the loan.

 # Charges/fees with due-date after the re-age date will be waived off.

 # Charges/fees with due-date before the re-age date will be split equally among new installments.

 # The charge/fees equal split is applicable for non-interest bearing loans as well(previous implementation on charge handling to be changed)

 # Down-payment amounts will not have any impact from re-aging

 # Partial Paid amount on the installments before re-aging will remain as is, only unpaid amount will be re-aged.



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