[
https://issues.apache.org/jira/browse/FINERACT-466?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
]
Santosh Math closed FINERACT-466.
---------------------------------
Resolution: Invalid
> For the loans without Interest Recalculation, Prepay Loan is collecting all
> installment Fees in stead of collecting installment fees until the prepay date
> ----------------------------------------------------------------------------------------------------------------------------------------------------------
>
> Key: FINERACT-466
> URL: https://issues.apache.org/jira/browse/FINERACT-466
> Project: Apache Fineract
> Issue Type: Bug
> Components: Charges, Loan
> Reporter: Santosh Math
> Assignee: Markus Geiss
> Priority: Major
> Labels: gsoc, p1
>
> 1. Create a loan product without Interest recalculation,monthly repayment,
> Equal Installments, Declining balance and 12 repayments with installment fee
> 100((flat, monthly) attached.
> 2. Disburse the loan on 01 January 2017.
> 3 Prepay the loan on 15 February 2017.
> > Expected Result: The installment fee should be collected: 100
> >Actual Result: The installment fee getting collected: 1200(all installment
> >fees)
> P.S: This issue doesn't exist with loans having interest recalculation.
--
This message was sent by Atlassian JIRA
(v7.6.3#76005)
