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8 docs tagged with "repayment-schedule"

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Initial Payment Adjustment

Sometimes, the time between the mortgage payments isn't a perfect, standard interval. This often happens in two key situations:

Installments on Non-Working Days

This setting can be found in the **Repayment Scheduling** section of the **Creating a New Loan Product** form and determines what happens to loan...

Payment Holidays

Payment holidays allow banks to offer their customers a temporary break from payments, while interest still continues to accrue on the outstanding...

Payment Plan for Fixed Term Loans

There are cases in which organizations may want to offer loans with a defined *payment plan*, meaning that they would specify a periodic payment for...

Repayments Schedule Editing

When [creating a new loan product](/docs/setting-up-new-loan-products), you can control the extent to which loan schedules can be edited by selecting...

Rounding Repayment Schedule

Depending on the number of installments, some loan amounts end up with a small difference when divided by the installments.