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Calculation Base for Interest ( RELNBANK_462_CML_ZIBER )

Calculation Base for Interest ( RELNBANK_462_CML_ZIBER )

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Calculation Base for Interest

Use

On the Condition details screen in the loan contract you can now enter a fixed amount as the basis for calculating the interest for the whole fixed interest period. In previous releases, this function was only available for repayments and amounts similar in nature to interest (such as charges).

The following variable calculation bases for interest are available as possible entries for the Reference field:

  • Interest calculation capital (outstanding principal balance)
  • Interest calculation capital (outstanding principal balance) + disbursement obligation





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