PS: This also means, that when I make just a 0.01 overpayment, the system will recalculate the EMI for the next installments, reflecting the changed rate.
On Mon, Mar 2, 2026 at 1:23 PM Piotr Wargulak <[email protected]> wrote: > Hello, > > I have an issue with how the schedule recalculates after linked Floating > Rate changes in a Loan with a Cumulative schedule. > I'm wondering if this is intended behaviour or if there are other > configuration options that can change it. > > In short, a Loan with: > Cumulative schedule; > Equal installments; > Declining Balance; > Partial Interest Calculation allowed; > Interest recalculation enabled; > Interest recalculation - Advance payments adjustment type: *Reduce EMI > amount*. > > Two operations now occur on the Loan, and Finertact handles them as > follows: > 1. The installment is overpaid. The next due installment is > recalculated to cover the entire overpayment, the schedule is recalculated, > the later installments are all equal to new EMI. > 2. The interest rate change. The installments after the change are > recalculated *but* the original EMI remains; only the last installment > changes. > > I expected that *both* operations would change the EMI for later > installments. > > The advance payments adjustment type (Reduce EMI amount) doesn't seem to > affect the schedule recalculation resulting from an interest rate change. > Before diving into a 3k loc class, I thought I would ask if anyone can > give me some pointers. > > Best regards, > PiotrW > -- * SolDevelo* Sp. z o.o. [LLC] / www.soldevelo.com <http://www.soldevelo.com> Al. Zwycięstwa 96/98, 81-451, Gdynia, Poland Phone: +48 58 782 45 40 / Fax: +48 58 782 45 41
