Hi Community. We have got a requirement defined, the modification of the nominal interest rate when loans are already active and running. For example, the loan were defined with a rate of 15% and 12 repayments, but at 6th. Repayment, the supervisor wants a new rate for this specific loan of 8% for example, and recalculate the Repayment Schedule with the new rate, for the 6 pending fees. This recalculation should take as its base the current due principal .
I tried to use the floating interest rates option in order to solve the issue, but this is not the need we already have. Do you know any way of doing this process in MIFOS, or someone has had the same requirement? Thank you. Adriana
