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https://issues.apache.org/jira/browse/FINERACT-171?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
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subramanyasn closed FINERACT-171.
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Resolution: Fixed
Tested and working as expected
> Interest calculated is not proper if the foreclosure is done in between any
> period
> ----------------------------------------------------------------------------------
>
> Key: FINERACT-171
> URL: https://issues.apache.org/jira/browse/FINERACT-171
> Project: Apache Fineract
> Issue Type: Bug
> Reporter: subramanyasn
> Assignee: Markus Geiss
> Priority: Critical
> Attachments: foreclosure loan2.png, foreclosure loan3.png
>
>
> 1. Create a loan product with daily interest calculation, repaid every 1
> month, declining balance, principal 10000, ROI as 12%pa, daily interest
> calculation.
> 2. Create a client and submit new loan application with the above loan
> product on 01 June 2016, approve and disburse the loan on same date.
> 3. Click on foreclosure and enter date as 15 June 2016.
> > The interest should get calculated for 14 days but it is getting collected
> > for the entire month.
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