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From "Santosh Math (JIRA)" <j...@apache.org>
Subject [jira] [Created] (FINERACT-466) For the loans without Interest Recalculation, Prepay Loan is collecting all installment Fees in stead of collecting installment fees until the prepay date
Date Thu, 18 May 2017 09:04:04 GMT
Santosh Math created FINERACT-466:
-------------------------------------

             Summary: For the loans without Interest Recalculation, Prepay Loan is collecting
all installment Fees in stead of collecting installment fees until the prepay date
                 Key: FINERACT-466
                 URL: https://issues.apache.org/jira/browse/FINERACT-466
             Project: Apache Fineract
          Issue Type: Bug
          Components: Charges, Loan
            Reporter: Santosh Math
            Assignee: Markus Geiss


1. Create a loan product without Interest recalculation,monthly repayment, Equal Installments,
Declining balance and 12 repayments with installment fee 
 100((flat, monthly) attached.
2. Disburse the loan on 01 January 2017.
3 Prepay the loan on 15 February 2017.

> Expected Result: The installment fee should be collected: 100
>Actual  Result: The installment fee  getting collected: 1200(all installment fees)

P.S: This issue doesn't exist with loans having interest recalculation. 



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