diff --git a/api-docs/apiLive.htm b/api-docs/apiLive.htm
index cc9577fd5..9cd6d310c 100644
--- a/api-docs/apiLive.htm
+++ b/api-docs/apiLive.htm
@@ -1052,6 +1052,14 @@
                                 <td></td>
                                 <td></td>
                                 <td></td>
+                            </tr>
+							 <tr>
+                                <td></td>
+                                <td>loans/{loanId}/transactions?command=prepayLoan</td>
+                                <td><a href="#loans_transaction_pre_close_loan">Loan Pre-Closure transaction template</a></td>
+                                <td></td>
+                                <td></td>
+                                <td></td>
                             </tr>
 							<tr>
                                 <td></td>
@@ -9531,7 +9539,39 @@ Request Body:
                     </code>
                 </div>
             </div>
+			
+			
+			<a id="loans_transaction_pre_close_loan" name="loans_transaction_pre_close_loan" class="old-syle-anchor">&nbsp;</a>
+            <div class="method-section">
+                <div class="method-description">
+					<h4> Pre-Close template</h4>
+                    <p>This Api retrieves pre closure details of loan</p>
+                </div>
+                <div class="method-example">
+                    <code class="method-declaration">
+                        POST https://DomainName/api/v1/loans/{loanId}/transactions?command=prepayLoan   <b>or</b><br/>
+						
+						https://DomainName/api/v1/loans/{loanId}/transactions?command=prepayLoan&dateFormat=dd+MMMM+yyyy&locale=en&transactionDate=02+April+2015
+                    </code>
+                    <code class="method-request">
+                        POST loans/70/transactions?command=prepayLoan
+                        Content-Type: application/json
+                        Request Body:
+                        { }
+                    </code>
+                    <code class="method-response">
 
+		        {
+		          "amount":7765.28,
+				  "principalPortion":7573.76,
+				  "interestPortion":191.52,
+				  "feeChargesPortion":0.00,
+				  "penaltyChargesPortion":0.00
+		        }
+                    </code>
+                </div>
+            </div>
+			
             <a id="loans_transaction_retrieve" name="loans_transaction_retrieve" class="old-syle-anchor">&nbsp;</a>
 			<div class="method-section">
 				<div class="method-description">
diff --git a/mifosng-provider/src/main/java/org/mifosplatform/portfolio/loanaccount/api/LoanTransactionsApiResource.java b/mifosng-provider/src/main/java/org/mifosplatform/portfolio/loanaccount/api/LoanTransactionsApiResource.java
index 5e5c50622..8031af137 100755
--- a/mifosng-provider/src/main/java/org/mifosplatform/portfolio/loanaccount/api/LoanTransactionsApiResource.java
+++ b/mifosng-provider/src/main/java/org/mifosplatform/portfolio/loanaccount/api/LoanTransactionsApiResource.java
@@ -22,6 +22,8 @@ import javax.ws.rs.core.MediaType;
 import javax.ws.rs.core.UriInfo;
 
 import org.apache.commons.lang.StringUtils;
+import org.joda.time.LocalDate;
+import org.mifosplatform.accounting.journalentry.api.DateParam;
 import org.mifosplatform.commands.domain.CommandWrapper;
 import org.mifosplatform.commands.service.CommandWrapperBuilder;
 import org.mifosplatform.commands.service.PortfolioCommandSourceWritePlatformService;
@@ -30,6 +32,7 @@ import org.mifosplatform.infrastructure.core.data.CommandProcessingResult;
 import org.mifosplatform.infrastructure.core.exception.UnrecognizedQueryParamException;
 import org.mifosplatform.infrastructure.core.serialization.ApiRequestJsonSerializationSettings;
 import org.mifosplatform.infrastructure.core.serialization.DefaultToApiJsonSerializer;
+import org.mifosplatform.infrastructure.core.service.DateUtils;
 import org.mifosplatform.infrastructure.security.service.PlatformSecurityContext;
 import org.mifosplatform.portfolio.loanaccount.data.LoanTransactionData;
 import org.mifosplatform.portfolio.loanaccount.service.LoanReadPlatformService;
@@ -79,7 +82,8 @@ public class LoanTransactionsApiResource {
     @Consumes({ MediaType.APPLICATION_JSON })
     @Produces({ MediaType.APPLICATION_JSON })
     public String retrieveTransactionTemplate(@PathParam("loanId") final Long loanId, @QueryParam("command") final String commandParam,
-            @Context final UriInfo uriInfo) {
+            @Context final UriInfo uriInfo, @QueryParam("dateFormat") final String dateFormat,
+            @QueryParam("transactionDate") final DateParam transactionDateParam, @QueryParam("locale") final String locale) {
 
         this.context.authenticatedUser().validateHasReadPermission(this.resourceNameForPermissions);
 
@@ -101,7 +105,13 @@ public class LoanTransactionsApiResource {
         } else if (is(commandParam, "recoverypayment")) {
             transactionData = this.loanReadPlatformService.retrieveRecoveryPaymentTemplate(loanId);
         } else if (is(commandParam, "prepayLoan")) {
-            transactionData = this.loanReadPlatformService.retrieveLoanPrePaymentTemplate(loanId);
+            LocalDate transactionDate = null;
+            if (transactionDateParam == null) {
+                transactionDate = DateUtils.getLocalDateOfTenant();
+            } else {
+                transactionDate = LocalDate.fromDateFields(transactionDateParam.getDate("transactionDate", dateFormat, locale));
+            }
+            transactionData = this.loanReadPlatformService.retrieveLoanPrePaymentTemplate(loanId, transactionDate);
         } else if (is(commandParam, "refundbycash")) {
             transactionData = this.loanReadPlatformService.retrieveRefundByCashTemplate(loanId);
         } else if (is(commandParam, "refundbytransfer")) {
diff --git a/mifosng-provider/src/main/java/org/mifosplatform/portfolio/loanaccount/domain/Loan.java b/mifosng-provider/src/main/java/org/mifosplatform/portfolio/loanaccount/domain/Loan.java
index f55ca52bc..da21d5b9f 100755
--- a/mifosng-provider/src/main/java/org/mifosplatform/portfolio/loanaccount/domain/Loan.java
+++ b/mifosng-provider/src/main/java/org/mifosplatform/portfolio/loanaccount/domain/Loan.java
@@ -4737,7 +4737,7 @@ public class Loan extends AbstractPersistable<Long> {
     }
 
     public LoanRepaymentScheduleInstallment fetchPrepaymentDetail(final LoanScheduleGeneratorFactory loanScheduleFactory,
-            CalendarInstance restCalendarInstance, HolidayDetailDTO holidayDetailDTO) {
+            CalendarInstance restCalendarInstance, HolidayDetailDTO holidayDetailDTO, LocalDate onDate) {
         LoanRepaymentScheduleInstallment installment = null;
 
         if (this.loanRepaymentScheduleDetail.isInterestRecalculationEnabled()) {
@@ -4790,7 +4790,7 @@ public class Loan extends AbstractPersistable<Long> {
                     this.loanProduct.preCloseInterestCalculationStrategy());
 
             installment = loanScheduleGenerator.calculatePrepaymentAmount(this.repaymentScheduleInstallments, getCurrency(),
-                    DateUtils.getLocalDateOfTenant(), loanApplicationTerms, mc, charges(), holidayDetailDTO);
+                    onDate, loanApplicationTerms, mc, charges(), holidayDetailDTO);
         } else {
             installment = this.getTotalOutstandingOnLoan();
         }
diff --git a/mifosng-provider/src/main/java/org/mifosplatform/portfolio/loanaccount/service/LoanReadPlatformService.java b/mifosng-provider/src/main/java/org/mifosplatform/portfolio/loanaccount/service/LoanReadPlatformService.java
index ed5927d43..35e0c66ce 100755
--- a/mifosng-provider/src/main/java/org/mifosplatform/portfolio/loanaccount/service/LoanReadPlatformService.java
+++ b/mifosng-provider/src/main/java/org/mifosplatform/portfolio/loanaccount/service/LoanReadPlatformService.java
@@ -96,7 +96,7 @@ public interface LoanReadPlatformService {
 
     Collection<Long> fetchArrearLoans();
 
-    LoanTransactionData retrieveLoanPrePaymentTemplate(Long loanId);
+    LoanTransactionData retrieveLoanPrePaymentTemplate(Long loanId, LocalDate onDate);
 
     Collection<LoanTransactionData> retrieveWaiverLoanTransactions(Long loanId);
 
diff --git a/mifosng-provider/src/main/java/org/mifosplatform/portfolio/loanaccount/service/LoanReadPlatformServiceImpl.java b/mifosng-provider/src/main/java/org/mifosplatform/portfolio/loanaccount/service/LoanReadPlatformServiceImpl.java
index b8cd1ee64..0a2e9b0b5 100755
--- a/mifosng-provider/src/main/java/org/mifosplatform/portfolio/loanaccount/service/LoanReadPlatformServiceImpl.java
+++ b/mifosng-provider/src/main/java/org/mifosplatform/portfolio/loanaccount/service/LoanReadPlatformServiceImpl.java
@@ -398,7 +398,7 @@ public class LoanReadPlatformServiceImpl implements LoanReadPlatformService {
     }
 
     @Override
-    public LoanTransactionData retrieveLoanPrePaymentTemplate(final Long loanId) {
+    public LoanTransactionData retrieveLoanPrePaymentTemplate(final Long loanId, LocalDate onDate) {
 
         this.context.authenticatedUser();
 
@@ -425,7 +425,7 @@ public class LoanReadPlatformServiceImpl implements LoanReadPlatformService {
         }
 
         final LoanRepaymentScheduleInstallment loanRepaymentScheduleInstallment = loan.fetchPrepaymentDetail(this.loanScheduleFactory,
-                restCalendarInstance, holidayDetailDTO);
+                restCalendarInstance, holidayDetailDTO, onDate);
         final LoanTransactionEnumData transactionType = LoanEnumerations.transactionType(LoanTransactionType.REPAYMENT);
         final Collection<PaymentTypeData> paymentOptions = this.paymentTypeReadPlatformService.retrieveAllPaymentTypes();
         final BigDecimal outstandingLoanBalance = loanRepaymentScheduleInstallment.getPrincipalOutstanding(currency).getAmount();