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https://issues.apache.org/jira/browse/FINERACT-417?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=15902782#comment-15902782
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Santosh Math commented on FINERACT-417:
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[~mexina], This is major bug. Changing to higher priority.
> The interest distributed is not correct when "interest free period" has a
> value and interest method is flat
> -----------------------------------------------------------------------------------------------------------
>
> Key: FINERACT-417
> URL: https://issues.apache.org/jira/browse/FINERACT-417
> Project: Apache Fineract
> Issue Type: Bug
> Components: Loan
> Reporter: Mexina Daniel
> Assignee: Markus Geiss
> Priority: Minor
> Labels: p1
>
> When in loan product the "interest free period" has a value, In the Repayment
> Schedule, the total interest required is correct but the distribution of the
> interest is not.
> Reproduce by:
> 1 Create loan product: Admin->Products->Loan Product->Create
> 2. Default amount 40,000, re-payed every 1 month, number of repayments 4.,
> nominal interest rate 10, interest free period put 1, interest method : flat
> 3.Submit
> 4. Apply a loan to an active client and submit
> When you view a repayment schedule, the interest in first installment is 0,
> the interest in rest of installment are not equal even though it gives the
> correct total interest.
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