For staff use — calculate a loan quote before creating or releasing a loan.
1. Borrower Type
Member and Non-member fees, interest rates and penalty rules are calculated separately from Settings.
2. Loan Details
This is the total number of scheduled payments.
3. Fees & Net Release
Application Fee₱0.00
Processing Fee₱0.00
Total Fees₱0.00
Net Amount to Receive₱0.00
Net amount to receive = Principal − Application Fee − Processing Fee. Loan interest is paid through the scheduled payments, not deducted again from the release amount.
4. Expected Payment Schedule
Total Principal₱0.00
Total Interest₱0.00
Total Payable₱0.00
Average Payment₱0.00
Diminishing-balance calculation: equal principal per payment; interest is calculated from the remaining principal for each payment. For payment frequencies more frequent than monthly, the monthly rate is converted to the corresponding period.