Introduction

Understanding Repayment Modes

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– Repayment Steps –
Name: Pay debts (PastDueDebtStep)
Description: Cover the fees, interests and principle payable due on the missed installments as of the Repayment date (in the payment priority order)Date.

--- Current Installment Payments ---

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--- Future Payments ---
Name: Pay future installments from the first (FutureDebtStep)
Description: Cover fees, interest and principal installment by installment from the nearest to the next one.

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Name: Pay Leftover Fees (PayShiftedStep)
Description: Cover the fees (in the priority order) that have been scheduled shifted from the previous installments before the Repayment Date (regardless of the due date).

-- Recalculation Steps --

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