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.

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