adamsaghy commented on code in PR #4833:
URL: https://github.com/apache/fineract/pull/4833#discussion_r2194653989
##########
fineract-progressive-loan/src/main/java/org/apache/fineract/portfolio/loanproduct/calc/ProgressiveEMICalculator.java:
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@@ -845,10 +904,51 @@ private BigDecimal
calculateRateFactorPerPeriodBasedOnRepaymentFrequency(final B
};
}
+ private void
calculateEMIOnActualModelWithFlatInterestMethod(List<RepaymentPeriod>
repaymentPeriods,
+ ProgressiveLoanInterestScheduleModel scheduleModel) {
+
+ final MathContext mc = scheduleModel.mc();
+ final CurrencyData currency =
scheduleModel.loanProductRelatedDetail().getCurrencyData();
+ RepaymentPeriod first = repaymentPeriods.getFirst();
+ RepaymentPeriod last = repaymentPeriods.getLast();
+ Money sumOfInterest = Money.zero(currency);
+ for (RepaymentPeriod rp : repaymentPeriods) {
+ Money interest = rp.calculateCalculatedDueInterest();
+ sumOfInterest = sumOfInterest.add(interest);
+ rp.setEmi(interest);
+ }
+
+ // already repaid principals should be subtracted from total disbursed
amount to calculate correct EMI.
+ BigDecimal alreadyRepaidPrincipals = first.getPrevious()
+ .map(rp ->
rp.calculateTotalDisbursedAmountTillGivenPeriod(null).subtract(rp.getOutstandingLoanBalance().getAmount()))
+ .orElse(BigDecimal.ZERO);
+ Money total = Money.of(currency,
first.calculateTotalDisbursedAmountTillGivenPeriod(first.getLastInterestPeriod()))
+ .plus(sumOfInterest).minus(alreadyRepaidPrincipals);
+
+ Money periodEmi = total.dividedBy(repaymentPeriods.size(), mc);
+ Money remainder =
total.minus(periodEmi.multipliedBy(repaymentPeriods.size(), mc));
+
+ repaymentPeriods.forEach(rp -> {
+ Money emi = rp.equals(last) ? periodEmi.add(remainder) : periodEmi;
+ rp.setEmi(emi);
Review Comment:
Dont we need to add Chargeback Principal and Chargeback interest to the emi?
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