Thank you Bharath I'll send it to developers list
Best regards El mié., 11 mar 2020 1:36 a. m., Bharath Gowda <bgo...@mifos.org> escribió: > Hi Luis, > > I don't think that scenario is possible with interest calculation as daily > as it is not possible to have 120 repayments with EMI as 1318 where the > total interest will grow greater than the principal amount, or you sure > this is the practical case? > > what you can do is raise a jira ticket for the same in the following link, > with full description or send an email to developer list with the same > requirement, i am sure on of the expert developer related to loan schedule > will get back to you on the possibilities > > https://issues.apache.org/jira/projects/FINERACT/issues > > > > Regards, > Bharath > Lead Implementation Analyst | Mifos Initiative > Skype: live:cbharath4| Mobile: +91.7019636073 > http://mifos.org <http://facebook.com/mifos> > <http://www.twitter.com/mifos> > > > On Tue, Mar 10, 2020 at 10:45 PM Luis Alberto Alegría de los Santos > <luis.aleg...@innovar.app> wrote: > >> Thank you Bharath >> >> We need 120 installments(monthly) cause its a mortgage loan. >> I create the next loan https://demo.mifos.io/#/viewloanaccount/3635, >> it's has "Interest Calculation Period" as "same as repayment period". >> Repayment schedule let 120 installments and equal repayments. >> >> But we need the same repayment schedule with a "Interest Calculation >> Period"=Daily, because we let clients can do early payments, and we need >> *Recalculate >> Interest function, *and Reduce number of installments. >> Is this posible?, because with "Interest Calculation Period" as "same as >> repayment period" mifos can't recalculate interest. >> >> We need a repayment schedule like >> https://demo.mifos.io/#/viewloanaccount/3635 and let recalculate >> interest on early payments. >> >> Thank you >> >> >> El lun., 9 mar. 2020 a las 23:05, Bharath Gowda (<bgo...@mifos.org>) >> escribió: >> >>> Hi Luis, >>> >>> This is not an issue, it is handled exception when the configuration >>> values are not proper and schedule cannot be calculated with those values. >>> The error msg simply means that the interest amount of the installment >>> is greater than the EMI amount. >>> >>> I think the issue is with the loan term, you cannot have a 150 >>> installments for the principal amount of 50000, which will make the EMI >>> amount lesser the interest of the EMI and system cannot generate the >>> schedule for the same. >>> >>> >>> >>> >>> Regards, >>> Bharath >>> Lead Implementation Analyst | Mifos Initiative >>> Skype: live:cbharath4| Mobile: +91.7019636073 >>> http://mifos.org <http://facebook.com/mifos> >>> <http://www.twitter.com/mifos> >>> >>> >>> On Tue, Mar 10, 2020 at 9:16 AM Luis Alberto Alegría de los Santos >>> <luis.aleg...@innovar.app> wrote: >>> >>>> Hi all >>>> >>>> Please, someone can help me. >>>> I try to create a new loan in https://demo.mifos.io/ >>>> <https://demo.mifos.io/#/viewloanaccount/3629>, but I get a error and >>>> can't create loan. >>>> Loan has the following terms: >>>> >>>> - Product: DAILY PERIODS - RECALCULATION >>>> - Submitted/Disbursed on 01 January 2020 >>>> - Principal: 50,000 >>>> - Loan term/ Number of repayments: 120 Months >>>> - First repayment on 28 January 2020 >>>> - Interest charged from Nominal interest rate: 30 Per year >>>> - Interest calculation period : Daily >>>> - Is Equal Amortization false >>>> - Recalculate Interest Yes >>>> - Days in year 360 Days >>>> - Advance payments adjustment type: Reduce number of installments >>>> - Days in month 30 Days >>>> - Interest recalculation compounding on None >>>> - Frequency for recalculate Outstanding Principal Daily >>>> - Frequency Interval for recalculation 0 >>>> >>>> Im not sure is a normal function o a bug, but I loan can´t be created >>>> MS Excel PMT function, get a $1,318.09 monthly repayment but system >>>> throw this message on developer console: >>>> [image: image.png] >>>> >>>> Thank you ! >>>> >>>> >>>> -- >>>> LSC. Luis Alberto Alegría de los Santos >>>> INNOVARAPP >>>> 2225548732 >>>> >>>> *La información contenida en este correo electrónico y anexos es >>>> confidencial. Ésta dirigida únicamente para el uso del individuo o entidad >>>> a la que fue dirigida y puede contener información propietaria que no es >>>> del dominio público. Si has recibido este correo por error o no eres el >>>> destinatario, por favor notificar al remitente de inmediato y borra este >>>> mensaje de la computadora o dispositivo. Cualquier uso, distribución o >>>> reproducción de este correo que no sea por el destinatario de intención >>>> queda prohibido.* >>>> _______________________________________________ >>>> Mifos-users mailing list >>>> Mifos-users@lists.sourceforge.net >>>> https://lists.sourceforge.net/lists/listinfo/mifos-users >>>> >>> _______________________________________________ >>> Mifos-users mailing list >>> Mifos-users@lists.sourceforge.net >>> https://lists.sourceforge.net/lists/listinfo/mifos-users >>> >> >> >> -- >> LSC. Luis Alberto Alegría de los Santos >> INNOVARAPP >> 2225548732 >> >> *La información contenida en este correo electrónico y anexos es >> confidencial. Ésta dirigida únicamente para el uso del individuo o entidad >> a la que fue dirigida y puede contener información propietaria que no es >> del dominio público. Si has recibido este correo por error o no eres el >> destinatario, por favor notificar al remitente de inmediato y borra este >> mensaje de la computadora o dispositivo. Cualquier uso, distribución o >> reproducción de este correo que no sea por el destinatario de intención >> queda prohibido.* >> _______________________________________________ >> Mifos-users mailing list >> Mifos-users@lists.sourceforge.net >> https://lists.sourceforge.net/lists/listinfo/mifos-users >> > _______________________________________________ > Mifos-users mailing list > Mifos-users@lists.sourceforge.net > https://lists.sourceforge.net/lists/listinfo/mifos-users >
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