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FNI1 Interest condition calculation issue

Dear Experts,

we are creating a mortgage loan with 30A in FNI1 where we are giving condition items 201(Nominal Interest) and 262(Installment repayment) ,here the issue is we want to have a fixed EMI through out the loan we are entering term start date ,term end and condition amount for 262 flow type along with calculation date and frequency and clicking on button INT. it is giving a message

Nominal Int. Calc. All condition item results unchanged Message no. 69096

our requirement is to calculate the interest rate based on term start and end date and also 262(Installment repayment) amount.

attached is the configuration and condition items of condition types 201 & 262 , kindly guide me where we are missing to get intrest to be calculated automatically.



fni1.png (277.6 kB)
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1 Answer

  • Dec 27, 2017 at 10:37 AM

    Hi Pavan,

    Change end date to 15.10.2020 and check if error appears.

    I used trx FIMA with option Loan Schedule to calculate your loan and it ends on 15.11.2020 with a repayment of 5173,14.

    Kind Regards

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    • Gustavo Vazquez pavan kumar Mallipeddi

      Hi Pavar,

      I don't understand the request :( .

      Do you need to capitalize interest ? In this case you need "Inmediate Settlement" in the Cap. Interest Condition.

      Capitalize Interest & Installment repayment at the same ? I don't know if it works :-s. You need a fixed capital for the system to distribute payments. I have worked with "Cap Interest" and after that, "Nominal Interest with Installment repayment". 2 conditions of interest.

      I don't have FS-CML on my system :(

      Check for notes on Capitalized Interest in

      Kind Regards