How to Create Interest Only Payments Followed by Principal + Interest Payments (Doc ID 2151318.1)

Last updated on JUNE 23, 2016

Applies to:

Oracle Financial Services Asset Liability Management - Version 8.0.0 and later
Oracle Financial Services Funds Transfer Pricing - Version 8.0.0 and later
Information in this document applies to any platform.
Oracle Financial Services Analytical Applications (OFSAA)

Goal

For Oracle Financial Services Asset Liability Management (ALM), how can you setup payments for a 30 year loan instrument that pays 'interest only' for the first 7 years and then amortizes with Principal & Interest for the last 23 years?

Solution

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