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'Interest Only' Checkbox Disappears When The Rate Type Is Updated To Floating or Floating by Date (Doc ID 2719472.1)

Last updated on OCTOBER 22, 2020

Applies to:

Oracle Loans - Version 12 and later
Information in this document applies to any platform.


'Interest Only' checkbox gives the user an option to create amortization schedule to bill only interest amount to the borrower.

This checkbox disappears when the Rate type is updated to 'Floating' or 'Floating by Date'.


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