Ideas for the Mambu Banking Engine

[Offset Loan] Indexed Interest Rates

What?

Enable indexed interest rates for the Offset Loan product similar to what we have for Dynamic Term Loan product.

Why?

Offset Loan is intended to be used for mortgage products. In Australia, the standard mortgage has a variable interest rate, which can be achieved with Mambu index interest rate functionality.

  • Sascha Dannroth
  • Nov 22 2018
  • Planned
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