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https://issues.apache.org/jira/browse/FINERACT-94?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
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Adi Raju closed FINERACT-94.
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Resolution: Fixed
Assignee: Adi Raju (was: Markus Geiss)
Closed after verification by QA
> Allow a recurring gap/moratorium for principal between repayments
> -----------------------------------------------------------------
>
> Key: FINERACT-94
> URL: https://issues.apache.org/jira/browse/FINERACT-94
> Project: Apache Fineract
> Issue Type: Improvement
> Components: Loan
> Reporter: Binny Gopinath Sreevas
> Assignee: Adi Raju
>
> Financial institutions may want to ask the client to:
> a) Repay interest for every period
> b) However, principal may be repaid once in a quarter or once in six months
> etc.
> The variable installment feature could be used. However this would take too
> long for an end user to create each loan account with the corresponding
> repayment.
> Similar to the existing feature of having a grace/moratorium at the beginning
> of the loan, I propose to add a "Moratorium periods for principal in between
> repayments".
> If this is set to 2 - then 2 repayments will skip principal portion for
> repayments and only interest will be collected during these repayments. In
> effect this means that collect principal once in every 3 repayments.
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