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From "Santosh Math (JIRA)" <j...@apache.org>
Subject [jira] [Created] (FINERACT-338) Equal Installments on Loan (with regulatory charges) not showed as expected
Date Fri, 23 Dec 2016 11:22:58 GMT
Santosh Math created FINERACT-338:
-------------------------------------

             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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