Customizing loan calculations

[Former Member]

Hi.

How can I change loan calculations?Is there any Schema to do that? Should I utilize ABAP codes and programmers to do that?

Best regards

[former_member235056]

Hi,

Generic schema for Loan is XLON and you need to place custom PCR after P0045 unction once you have your custom calculation in PCR ready.

Thanks,

Ameet

[Former Member]

Thank you for your responce..but how can we change our pcr in Schema...our pcr is * now and we want to make change to pcr 2.

[Former Member]

please explain what do you want to change in LOAN calculation..

regards,

mohammed

[Former Member]

I want to calculate loan's installments like this formula:

repayment installment = ( loan*(1+interest rate) ) / ( number of installment or lenght of the repayment period)