Payment calculation differences
A detailed calculation guide is coming soon.
The short version: LoanAdmin today supports two loan types, chosen at creation and locked afterward:
- Fixed-01 — flat simple interest; every installment is the same amount.
- Amorti-01 — amortized; each installment splits principal and interest in a changing ratio.
If a schedule or balance doesn't match what you expected, first check which loan type was chosen in Loan detail. See also Creating a loan.
Need help now? Email support@loanadmin.app.