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May 10, 2010 at 04:42 PM

Conditions with Fixed end date before Loan term end

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Hi gurus,

Please how do I set up an interest condition that should accrue and post only for the first six months of a loan with a 60 months repayment term?

When I enter 1 in the frequency, it calculates for the whole of the loan period. When I leave the frenquecy blank, it calculate for the whole of the six months, and post the total on the sixt month.

What I want is the interest to accrue and post monthly only for the first six months.

Thanks

Fisayo.