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Mexina Daniel commented on FINERACT-467: ---------------------------------------- [~thynn] See the configured loan https://demo.openmf.org/#/viewloanaccount/1073 It has equal principal and flat interest, isn't what you are looking for? > Request for equal installment (with equal principal and equal interest) loan > schedule > ------------------------------------------------------------------------------------- > > Key: FINERACT-467 > URL: https://issues.apache.org/jira/browse/FINERACT-467 > Project: Apache Fineract > Issue Type: New Feature > Components: Loan > Environment: Windows > Reporter: thynn win > Assignee: Markus Geiss > Priority: Critical > Attachments: InterestRateCalculation-Mifos.xlsx, Request for equal > installment with equal interest and equal principal.jpg > > > For loan repayment schedule, we would like to have an option for equal > installment with equal interest and equal principal option. Please see the > attachment (left grid) for the sample schedule requested. > Currently if we make equal installment, either principal or interest will be > varying. We will arrive at the same interest total interest at the end but > our MFIs would like to have flat interest and equal principal at the same > time. > It's be immensely helpful for their borrowers to remember their balances and > interest as they are all the same every time. > Please refer to the spreadsheet. -- This message was sent by Atlassian JIRA (v6.3.15#6346)