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What exactly is the “Adjusted Interest“ field (in absolute values) supposed to do, and why is it added upfront to the first term? I think this is wrong. You can’t simply adjust individual interest amounts, leading to incorrect interest totals.
If this is about upfront costs / charges, that’s fine, but then they need to go outside the repayment schedule.
RPReplay_Final1695202295.mov
The text was updated successfully, but these errors were encountered:
Why is the Repayment Schedule editable at all? IMO it needs to be a read-only document with all changes requiring editing/amending or restructuring the actual Loan. Draft repayment schedules to play around with should instead be available earlier in Loan Application.
What exactly is the “Adjusted Interest“ field (in absolute values) supposed to do, and why is it added upfront to the first term? I think this is wrong. You can’t simply adjust individual interest amounts, leading to incorrect interest totals.
If this is about upfront costs / charges, that’s fine, but then they need to go outside the repayment schedule.
RPReplay_Final1695202295.mov
The text was updated successfully, but these errors were encountered: