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Former Member
Jun 26, 2012 at 08:17 PM

Fixed rate amortization separately of variable rate

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Hi experts,

I have the issue below and I would like to know if you can help me.

The customer has a product type that have variable rate + fixed rate. The fixed rate is calculated over the base amount + variable interest, but the issue of this product is the fixed rate that has amortization separately of variable rate. To make it work up in CFM (version 5.0) I created 2 transactions:

1. 1. Interest rate transaction to calculate the variable rate interest;

2. 2. Facility transaction to calculate the fixed rate interest:

but it didn't work.

There is another solution for this issue?

Thank you and best regards.

Luci Maki