[Mifos-issues] [JIRA] (MIFOSX-1636) Loan with Moratorium on Interest (with interest recalculation) is displaying improper installments

[subramanya (JIRA)]

Title: Message Title

subramanya created an issue   Mifos X / MIFOSX-1636 Loan with Moratorium on Interest (with interest recalculation) is displaying improper installments Issue Type: Bug Affects Versions: 1.25.1.RELEASE Assignee: Pramod Nuthakki Attachments: Scr-424.png, Scr-425.png, Scr-426.png Components: Loan Created: 05/Nov/14 3:44 AM Fix Versions: 1.26.0.RELEASE Priority: Major Reporter: subramanya 1.Create a Loan product with following datasets, Create loan product with details as Product Name:Personal Loan,Currency:US Dollar,Decimal Places :2,Currency in Multiples Of:0,Terms vary based on Loan Cycle :FALSE,Principal:10000   ( Min: , Max : ),Number of Repayments:12   ( Min: , Max,Repay Every:1  Months,Repay Every:1  Months,Repay Every:1  Months,Nominal Interest Rate:1   ( Min: , Max  Per month,Amortization:Equal installments,Interest Method:Declining Balance,Interest Calculation Period:Same as repayment period,Repayment Strategy:RBI style,Days in year:Actual,Days in month:Actual,Recalculate Interest:Yes,Interest recalculation compounding on:None,Frequency for recalculate Outstanding Principal:Daily,Frequency Interval for recalculation:1,Frequency Date for recalculation:01-08-2014, Moratorium on Interest : 1. 2. Create a client and Submit a new loan application for that client on 01 August 2014 -> Approve and disburse on same date. 3. Click on repayment schedule. > Since grace on interest is provided for 1st repayment the installment amount will get reduced (need to pay only principal due), but other repayments also getting displayed same amount as first installment, and the last installment is displaying as huge amount. Add Comment   This message was sent by Atlassian JIRA (v6.4-OD-09-005#64005-sha1:a6d51a0)

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