alberto-art3ch commented on PR #3895:
URL: https://github.com/apache/fineract/pull/3895#issuecomment-2117766851

   > Sorry, but i am not fully getting this PR. In your example you set the 
balloon payment as 800 but the final payment is 841.18.... Also the attached 
JIRA story is a one liner which not explaining at all the functionality, 
neither the behaviour, neither the requirement why it should be part of 
Fineract... Please have a word with @bharathc27 and provide a better 
explanation of this functionality and behaviour!
   
   The Balloon amount is just the principal amount that you want to have in the 
last installment, so in this case is 800 but we need to add the rest of this 
last installment (maybe fees, interest, etc) so that is why this is not exactly 
800. It is used in the leasing scenario.


-- 
This is an automated message from the Apache Git Service.
To respond to the message, please log on to GitHub and use the
URL above to go to the specific comment.

To unsubscribe, e-mail: [email protected]

For queries about this service, please contact Infrastructure at:
[email protected]

Reply via email to