13863065 Interest Calculation Incorrect On Custom Schedule When Prepayment Is Made
Last updated on FEBRUARY 15, 2018
Applies to:Oracle Loans - Version 18.104.22.168 and later
Information in this document applies to any platform.
When you add manual payments to a loan already in progress, the interest on the next scheduled payment is calculated based on the date of the manual pre-payment and not the date of the last scheduled payment.
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