What:
On dynamic, equal instalments products with ballon payment configuration users can currently specify the amount of the periodic payment and the balloon payment is calculated automatically.
A second option could be allowed: to specify the amount of the balloon payment and calculate the period payments automatically.
Why:
This is a common approach for the balloon payment calculation. Some organisations, when preparing a loan offer for clients with balloon payment option, specify in the contract the amount of the final balloon payment rather than the periodic payment.
Dorota Nosal
