FINERACT-2260: Fix incorrect interest handling in case of early repayment
This commit is contained in:
Adam Saghy
committed by
Arnold Gálovics
Arnold Gálovics
parent
76a5ec89cc
commit
d947183529
@@ -4568,3 +4568,101 @@ Feature: LoanRepayment
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| 28 March 2025 | Credit Balance Refund | 20.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | false | false |
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Then Loan status will be "CLOSED_OBLIGATIONS_MET"
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Then Loan has 0 outstanding amount
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@TestRailId:C3589
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Scenario: Verify early repayment on high interest loan works properly and align the interest properly
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When Admin sets the business date to "10 April 2025"
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When Admin creates a client with random data
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When Admin creates a fully customized loan with the following data:
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| LoanProduct | submitted on date | with Principal | ANNUAL interest rate % | interest type | interest calculation period | amortization type | loanTermFrequency | loanTermFrequencyType | repaymentEvery | repaymentFrequencyType | numberOfRepayments | graceOnPrincipalPayment | graceOnInterestPayment | interest free period | Payment strategy |
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| LP2_ADV_CUSTOM_PMT_ALLOC_PROGRESSIVE_LOAN_SCHEDULE_HORIZONTAL | 10 April 2025 | 1001 | 35.99 | DECLINING_BALANCE | DAILY | EQUAL_INSTALLMENTS | 24 | MONTHS | 1 | MONTHS | 24 | 0 | 0 | 0 | ADVANCED_PAYMENT_ALLOCATION |
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And Admin successfully approves the loan on "10 April 2025" with "1001" amount and expected disbursement date on "10 April 2025"
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When Admin successfully disburse the loan on "10 April 2025" with "1001" EUR transaction amount
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Then Loan Repayment schedule has 24 periods, with the following data for periods:
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| Nr | Days | Date | Paid date | Balance of loan | Principal due | Interest | Fees | Penalties | Due | Paid | In advance | Late | Outstanding |
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| | | 10 April 2025 | | 1001.0 | | | 0.0 | | 0.0 | 0.0 | | | |
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| 1 | 30 | 10 May 2025 | | 971.92 | 29.08 | 30.02 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 2 | 31 | 10 June 2025 | | 941.97 | 29.95 | 29.15 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 3 | 30 | 10 July 2025 | | 911.12 | 30.85 | 28.25 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 4 | 31 | 10 August 2025 | | 879.35 | 31.77 | 27.33 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 5 | 31 | 10 September 2025 | | 846.62 | 32.73 | 26.37 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 6 | 30 | 10 October 2025 | | 812.91 | 33.71 | 25.39 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 7 | 31 | 10 November 2025 | | 778.19 | 34.72 | 24.38 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 8 | 30 | 10 December 2025 | | 742.43 | 35.76 | 23.34 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 9 | 31 | 10 January 2026 | | 705.6 | 36.83 | 22.27 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 10 | 31 | 10 February 2026 | | 667.66 | 37.94 | 21.16 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 11 | 28 | 10 March 2026 | | 628.58 | 39.08 | 20.02 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 12 | 31 | 10 April 2026 | | 588.33 | 40.25 | 18.85 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 13 | 30 | 10 May 2026 | | 546.87 | 41.46 | 17.64 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 14 | 31 | 10 June 2026 | | 504.17 | 42.7 | 16.4 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 15 | 30 | 10 July 2026 | | 460.19 | 43.98 | 15.12 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 16 | 31 | 10 August 2026 | | 414.89 | 45.3 | 13.8 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 17 | 31 | 10 September 2026 | | 368.23 | 46.66 | 12.44 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 18 | 30 | 10 October 2026 | | 320.17 | 48.06 | 11.04 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 19 | 31 | 10 November 2026 | | 270.67 | 49.5 | 9.6 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 20 | 30 | 10 December 2026 | | 219.69 | 50.98 | 8.12 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 21 | 31 | 10 January 2027 | | 167.18 | 52.51 | 6.59 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 22 | 31 | 10 February 2027 | | 113.09 | 54.09 | 5.01 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 23 | 28 | 10 March 2027 | | 57.38 | 55.71 | 3.39 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 24 | 31 | 10 April 2027 | | 0.0 | 57.38 | 1.72 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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Then Loan Repayment schedule has the following data in Total row:
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| Principal due | Interest | Fees | Penalties | Due | Paid | In advance | Late | Outstanding |
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| 1001.0 | 417.4 | 0.0 | 0.0 | 1418.4 | 0.0 | 0.0 | 0.0 | 1418.4 |
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Then Loan Transactions tab has the following data:
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| Transaction date | Transaction Type | Amount | Principal | Interest | Fees | Penalties | Loan Balance | Reverted | Replayed |
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| 10 April 2025 | Disbursement | 1001.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1001.0 | false | false |
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When Admin runs inline COB job for Loan
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When Admin sets the business date to "13 April 2025"
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When Admin runs inline COB job for Loan
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Then Loan Transactions tab has the following data:
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| Transaction date | Transaction Type | Amount | Principal | Interest | Fees | Penalties | Loan Balance | Reverted | Replayed |
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| 10 April 2025 | Disbursement | 1001.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1001.0 | false | false |
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| 11 April 2025 | Accrual | 1.0 | 0.0 | 1.0 | 0.0 | 0.0 | 0.0 | false | false |
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| 12 April 2025 | Accrual | 1.0 | 0.0 | 1.0 | 0.0 | 0.0 | 0.0 | false | false |
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And Customer makes "AUTOPAY" repayment on "10 April 2025" with 100 EUR transaction amount
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Then Loan Repayment schedule has 24 periods, with the following data for periods:
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| Nr | Days | Date | Paid date | Balance of loan | Principal due | Interest | Fees | Penalties | Due | Paid | In advance | Late | Outstanding |
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| | | 10 April 2025 | | 1001.0 | | | 0.0 | | 0.0 | 0.0 | | | |
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| 1 | 30 | 10 May 2025 | 10 April 2025 | 941.9 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 | 59.1 | 59.1 | 0.0 | 0.0 |
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| 2 | 31 | 10 June 2025 | | 882.8 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 | 40.9 | 40.9 | 0.0 | 18.2 |
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| 3 | 30 | 10 July 2025 | | 882.8 | 0.0 | 59.1 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 4 | 31 | 10 August 2025 | | 871.6 | 11.2 | 47.9 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 5 | 31 | 10 September 2025 | | 838.64 | 32.96 | 26.14 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 6 | 30 | 10 October 2025 | | 804.69 | 33.95 | 25.15 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 7 | 31 | 10 November 2025 | | 769.72 | 34.97 | 24.13 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 8 | 30 | 10 December 2025 | | 733.71 | 36.01 | 23.09 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 9 | 31 | 10 January 2026 | | 696.62 | 37.09 | 22.01 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 10 | 31 | 10 February 2026 | | 658.41 | 38.21 | 20.89 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 11 | 28 | 10 March 2026 | | 619.06 | 39.35 | 19.75 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 12 | 31 | 10 April 2026 | | 578.53 | 40.53 | 18.57 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 13 | 30 | 10 May 2026 | | 536.78 | 41.75 | 17.35 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 14 | 31 | 10 June 2026 | | 493.78 | 43.0 | 16.1 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 15 | 30 | 10 July 2026 | | 449.49 | 44.29 | 14.81 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 16 | 31 | 10 August 2026 | | 403.87 | 45.62 | 13.48 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 17 | 31 | 10 September 2026 | | 356.88 | 46.99 | 12.11 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 18 | 30 | 10 October 2026 | | 308.48 | 48.4 | 10.7 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 19 | 31 | 10 November 2026 | | 258.63 | 49.85 | 9.25 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 20 | 30 | 10 December 2026 | | 207.29 | 51.34 | 7.76 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 21 | 31 | 10 January 2027 | | 154.41 | 52.88 | 6.22 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 22 | 31 | 10 February 2027 | | 99.94 | 54.47 | 4.63 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 23 | 28 | 10 March 2027 | | 43.84 | 56.1 | 3.0 | 0.0 | 0.0 | 59.1 | 0.0 | 0.0 | 0.0 | 59.1 |
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| 24 | 31 | 10 April 2027 | | 0.0 | 43.84 | 1.31 | 0.0 | 0.0 | 45.15 | 0.0 | 0.0 | 0.0 | 45.15 |
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Then Loan Repayment schedule has the following data in Total row:
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| Principal due | Interest | Fees | Penalties | Due | Paid | In advance | Late | Outstanding |
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| 1001.0 | 403.45 | 0.0 | 0.0 | 1404.45 | 100.0 | 100.0 | 0.0 | 1304.45 |
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Then Loan Transactions tab has the following data:
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| Transaction date | Transaction Type | Amount | Principal | Interest | Fees | Penalties | Loan Balance | Reverted | Replayed |
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| 10 April 2025 | Disbursement | 1001.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1001.0 | false | false |
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| 10 April 2025 | Repayment | 100.0 | 100.0 | 0.0 | 0.0 | 0.0 | 901.0 | false | false |
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| 11 April 2025 | Accrual | 1.0 | 0.0 | 1.0 | 0.0 | 0.0 | 0.0 | false | false |
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| 12 April 2025 | Accrual | 1.0 | 0.0 | 1.0 | 0.0 | 0.0 | 0.0 | false | false |
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When Admin sets the business date to "15 April 2025"
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When Admin runs inline COB job for Loan
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Then Loan Transactions tab has the following data:
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| Transaction date | Transaction Type | Amount | Principal | Interest | Fees | Penalties | Loan Balance | Reverted | Replayed |
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| 10 April 2025 | Disbursement | 1001.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1001.0 | false | false |
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| 10 April 2025 | Repayment | 100.0 | 100.0 | 0.0 | 0.0 | 0.0 | 901.0 | false | false |
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| 11 April 2025 | Accrual | 1.0 | 0.0 | 1.0 | 0.0 | 0.0 | 0.0 | false | false |
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| 12 April 2025 | Accrual | 1.0 | 0.0 | 1.0 | 0.0 | 0.0 | 0.0 | false | false |
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| 13 April 2025 | Accrual | 0.7 | 0.0 | 0.7 | 0.0 | 0.0 | 0.0 | false | false |
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| 14 April 2025 | Accrual | 0.9 | 0.0 | 0.9 | 0.0 | 0.0 | 0.0 | false | false |
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