*Business Suggestion(s): * Unless Fineract can fully support known outcomes with standard (regulations determine standards) fixed, ARM, adjustable rate, interest only loans, additional types should "user efforts add ons" and not part of a core build. Otherwise, when the negative impact shows, it will impact across many clients with high difficulty solutions impacting history, much of that history regulated in multiple jurisdictions. Past experience (even with AI and a great framework to modify from) proves a huge amount of negative work effort. Better deferred and fully define the need to allow reasonable configuration for the top 3-4 related special "recasts" with perfection. IF these types of base loans are ALL *perfect*, *AND* they can be run under multiple regulatory rules with *6Sigma* perfection, THEN more unique loan types can be added to the fully supported catalog, documented configurations, and ready for commercial use.
Interntion *Core Banking / Lending Business Consultant* Paul Christison On Sun, Jan 4, 2026 at 12:35 AM Bharath Gowda <[email protected]> wrote: > Hi Bhaskar, > > You can explore the following options to see if it meet your requirements. > > 1. To use the Top-up loan feature in Fineract > A top-up loan allows you to create another loan from the existing loan. > You can refer to this > <https://docs.mifos.org/mifosx/user-manual/for-administrators-mifos-x-platform/administration/products/loan-products/loan-product-fields/configuring-and-disbursing-of-top-up-loan> > document for more information > > 2. Write off and re-create a loan > This can be an effective workaround where you can write--off the loan as > of the 8th installment date and create a new loan with just 4 installments > and the previous principal balance. > The only thing you need to verify is the accounting entries if you are > using Fineract accounting. > You can refer to this > <https://docs.mifos.org/mifosx/user-manual/for-operational-users-mifos-x-web-app/accounts-and-transactions/loan-accounts/how-to-write-off-a-loan-account#to-write-off-a-loan-account> > document > for more information > > > > Let me know if you have any questions > > > > Regards, > Bharath > Lead Implementation Analyst | Mifos Initiative > PMC Member | Apache Fineract > Mobile: +91.7019635592 > http://mifos.org <http://facebook.com/mifos> > <http://www.twitter.com/mifos> > > > On Fri, Jan 2, 2026 at 9:32 AM Bhaskar Tiwari <[email protected]> > wrote: > >> Hello Fineract Community, >> I am currently using the Apache Fineract application and have a question >> regarding loan restructuring. >> I have created a monthly installment loan with a total of 15 >> installments. The repayment schedule is as follows: >> >> - Installments 1 - 4: Fully paid >> - Installments 5 – 8: Due and not yet paid >> - Installments 9 – 12: Not yet due >> >> For reference, the original loan schedule looks like this: >> Installment No. >> Due Date >> Paid status >> 1 >> 31-May-25 >> Paid >> 2 >> 30-Jun-25 >> Paid >> 3 >> 31-Jul-25 >> Paid >> 4 >> 31-Aug-25 >> Paid >> 5 >> 30-Sep-25 >> Due >> 6 >> 31-Oct-25 >> Due >> 7 >> 30-Nov-25 >> Due >> 8 >> 31-Dec-25 >> Due >> 9 >> 31-Jan-26 >> Not yet due >> 10 >> 28-Feb-26 >> Not yet due >> 11 >> 31-Mar-26 >> Not yet due >> 12 >> 30-Apr-26 >> Not yet due >> >> Due to certain business reasons, I would now like to do the following: >> >> 1. Remove installments 9 to 12 from the existing loan which are not >> due yet. >> 2. Create a new loan with: >> - Disbursement date as today (the date when this activity is >> performed). >> - Repayment schedule consisting only of installments 9 to 12 from >> the original loan. >> >> In other words, the first loan should retain installments 1 to 8, and a >> new loan should be created for the remaining future installments (9 to 12). >> I would like to understand: >> >> - Whether this is possible in Fineract. >> - If so, what is the recommended approach (API, loan rescheduling, >> refinance, write-off and rebook, or any other supported method). >> >> Any guidance, documentation references, or best practices would be >> greatly appreciated. >> Thank you for your support. >> >> Regards, >> Bhaskar Tiwari >> >> >> >> >> *"Print this mail only if absolutely necessary. Save Paper. Save Trees."* * >> Disclaimer: *“This electronic mail message sent from StrideOne (Stride >> Fintree Private Limited) may contain Confidential/Restricted/Internal >> information and should only be viewed by the intended recipients. Under no >> circumstances may any such information be disclosed, copied, used or >> distributed to any unauthorized persons or entities without the written >> consent of Strideone. If you are not the intended recipient, any review, >> retransmission, dissemination or reliance on the content of these materials >> is strictly prohibited and may be the subject of legal action. If you >> received this email in error, please notify the sender and delete the >> message immediately.” >> > -- -- Paul
